Home > Releases > Chicago Fed Midwest Economy Index > Contributions to the Chicago Fed Midwest Economy Index: Midwest Region Contribution
Observation:
May 2021: 0.02924 (+ more) Updated: Jun 30, 2021 7:36 AM CDTMay 2021: | 0.02924 | |
Apr 2021: | 0.00246 | |
Mar 2021: | 0.03687 | |
Feb 2021: | 0.01863 | |
Jan 2021: | 0.01274 |
Units:
Index Standard Deviation,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
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Contributions to the Chicago Fed Midwest Economy Index: Midwest Region Contribution | 2014-04-28 | 2021-06-30 |
Source | ||
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Federal Reserve Bank of Chicago | 2014-04-28 | 2021-06-30 |
Release | ||
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Chicago Fed Midwest Economy Index | 2014-04-28 | 2021-06-30 |
Units | ||
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Index Standard Deviation | 2014-04-28 | 2021-06-30 |
Frequency | ||
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Monthly | 2014-04-28 | 2021-06-30 |
Seasonal Adjustment | ||
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Seasonally Adjusted | 2014-04-28 | 2021-06-30 |
Notes | ||
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This series represents the contributions of Midwest Region to the Midwest Economy Index (MEI). 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 indicators of four broad sectors of the Midwest's economy: 1) manufacturing, 2) construction and mining, 3) services, and 4) consumer spending. A zero value represents an average contribution to the MEI by the Midwest Region, whereas a positive value indicates that an above-average contribution to MEI; and negative values indicate below-average contribution to MEI. For further information about the 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 |