Observations

May 2021: 0.01398

Updated: Jun 30, 2021 7:35 AM CDT

Units:

Index Standard Deviation,

Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Contributions to the Chicago Fed Relative Midwest Economy Index: Midwest Region Contribution: Consumer Spending Sector	2014-04-28	2021-06-30

Source

Federal Reserve Bank of Chicago	2014-04-28	2021-06-30

Release

Chicago Fed Midwest Economy Index	2014-04-28	2021-06-30

Units

Index Standard Deviation	2014-04-28	2021-06-30

Frequency

Monthly	2014-04-28	2021-06-30

Seasonal Adjustment

Seasonally Adjusted	2014-04-28	2021-06-30

Notes

This series represents the contributions of Midwest Region's consumer spending sector to the Relative Midwest Economy Index (RMEI). The Midwest Region contribution specifically focuses on indicators existing only at a regional level. This series is the weighted average of regional variables measuring the growth in nonfarm business activity based on consumer spending sector indicators for the Midwest. A zero value represents an average contribution to RMEI by the Midwest Region's consumer spending 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	2021-06-30

Contributions to the Chicago Fed Relative Midwest Economy Index: Midwest Region Contribution: Consumer Spending Sector (RCONSURM683SFRBCHI)