Contributions to the Chicago Fed Relative Midwest Economy Index: Midwest Region Contribution (RREGIONALM683SFRBCHI)
NOTES
| Title | Release Dates | |
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| Contributions to the Chicago Fed Relative 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 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 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 RMEI by the Midwest Region, 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 |
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