Observations

May 2021: 0.09728

Updated: Jun 30, 2021 7:36 AM CDT

Units:

Index Standard Deviation,

Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Contributions to the Chicago Fed Midwest Economy Index: Services Contribution	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 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	2021-06-30

Contributions to the Chicago Fed Midwest Economy Index: Services Contribution (SERVICESM683SFRBCHI)