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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
  EDIT BAR 1
(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

2014-04-28 2017-08-31
 
Source    

2014-04-28 2017-08-31
 
Release    

2014-04-28 2017-08-31
 
Units    

2014-04-28 2017-08-31
 
Frequency    

2014-04-28 2017-08-31
 
Seasonal Adjustment    

2014-04-28 2017-08-31
 
Notes    

2014-04-28 2017-08-31
RELEASE TABLES





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