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Home > Releases > Chicago Fed Midwest Economy Index > Contributions to the Chicago Fed Midwest Economy Index: Services Contribution
Observation:
Nov 2020: 0.64601 (+ more)Nov 2020: | 0.64601 | |
Oct 2020: | 1.44029 | |
Sep 2020: | 2.15417 | |
Aug 2020: | 0.53211 | |
Jul 2020: | -2.15961 |
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: Services Contribution | 2014-04-28 | 2020-12-31 |
Source | ||
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Federal Reserve Bank of Chicago | 2014-04-28 | 2020-12-31 |
Release | ||
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Chicago Fed Midwest Economy Index | 2014-04-28 | 2020-12-31 |
Units | ||
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Index Standard Deviation | 2014-04-28 | 2020-12-31 |
Frequency | ||
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Monthly | 2014-04-28 | 2020-12-31 |
Seasonal Adjustment | ||
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Seasonally Adjusted | 2014-04-28 | 2020-12-31 |
Notes | ||
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This series represents the contributions of the services sector to the Midwest Economy Index (MEI). 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 services sector. A zero value represents an average contribution to the MEI by the Services sector, 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 | 2020-12-31 |
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