Home > Releases > Chicago Fed Midwest Economy Index > Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Services Sector
Observation:
May 2021: 0.08159 (+ more) Updated: Jun 30, 2021 7:35 AM CDTMay 2021: | 0.08159 | |
Apr 2021: | 0.08810 | |
Mar 2021: | 0.03372 | |
Feb 2021: | -0.03569 | |
Jan 2021: | -0.02240 |
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: Michigan Contribution: Services Sector | 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 Michigan's services sector to the Midwest Economy Index (MEI). This series is the weighted average of state variables measuring the growth in nonfarm business activity based on services sector indicators for the Michigan. A zero value represents an average contribution to the MEI by the state of Michigan, 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 |