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Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution (RCONSTRUCTIONM683SFRBCHI)

Observation:

Jul 2017: -0.08285  
Updated: Aug 31, 2017

Units:

Index Standard Deviation,
Seasonally Adjusted

Frequency:

Monthly
1Y | 5Y | 10Y | Max
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(a) Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution, Index Standard Deviation, Seasonally Adjusted (RCONSTRUCTIONM683SFRBCHI)
This series represents the contributions of the construction sector to the Relative Midwest Economy Index (RMEI). This series is a weighted average of state and regional indicators encompassing the entirety of the five states in the Seventh Federal Reserve District (Illinois, Iowa, Iowa, Michigan, and Wisconsin).

The series measures the growth in nonfarm business activity in the Midwest Region based on the construction sector.

A zero value represents an average contribution to RMEI by the Midwest construction sector, a rate historically consistent with the growth of the national economy, whereas positive values indicate above-average relative contribution; and negative values indicate below average relative contribution.

For further information about the Relative Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf .

Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution

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  EDIT BAR 2
(a) Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution, Index Standard Deviation, Seasonally Adjusted (RCONSTRUCTIONM683SFRBCHI)
This series represents the contributions of the construction sector to the Relative Midwest Economy Index (RMEI). This series is a weighted average of state and regional indicators encompassing the entirety of the five states in the Seventh Federal Reserve District (Illinois, Iowa, Iowa, Michigan, and Wisconsin).

The series measures the growth in nonfarm business activity in the Midwest Region based on the construction sector.

A zero value represents an average contribution to RMEI by the Midwest construction sector, a rate historically consistent with the growth of the national economy, whereas positive values indicate above-average relative contribution; and negative values indicate below average relative contribution.

For further information about the Relative Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf .

Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution

Select a date that will equal 100 for your custom index:
to

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

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NOTES
Title Release Dates
Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution 2014-04-28 2017-08-31
 
Source    
Federal Reserve Bank of Chicago 2014-04-28 2017-08-31
 
Release    
Chicago Fed Midwest Economy Index 2014-04-28 2017-08-31
 
Units    
Index Standard Deviation 2014-04-28 2017-08-31
 
Frequency    
Monthly 2014-04-28 2017-08-31
 
Seasonal Adjustment    
Seasonally Adjusted 2014-04-28 2017-08-31
 
Notes    
This series represents the contributions of the construction sector to the Relative Midwest Economy Index (RMEI). This series is a weighted average of state and regional indicators encompassing the entirety of the five states in the Seventh Federal Reserve District (Illinois, Iowa, Iowa, Michigan, and Wisconsin).

The series measures the growth in nonfarm business activity in the Midwest Region based on the construction sector.

A zero value represents an average contribution to RMEI by the Midwest construction sector, a rate historically consistent with the growth of the national economy, whereas positive values indicate above-average relative contribution; and negative values indicate below average relative contribution.

For further information about the Relative Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf .

2014-04-28 2017-08-31
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Midwest Chicago Fed Construction Indexes Seasonally Adjusted Monthly United States of America Nation
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