The Detroit Economic Activity Index: March 2021 Results
The Chicago Fed’s Detroit Economic Activity Index (DEAI) was –0.07 in March 2021, down from +0.24 in the previous month. An index value greater than zero points to the city of Detroit’s economic activity growing faster than trend, while an index value less than zero points to the city’s economic activity growing slower than trend.
The complete results of the most recent DEAI—for March 2021 (covering the first quarter of 2021)—have been posted on the DEAI page of the Federal Reserve Bank of Chicago website. A copy of the March 2021 DEAI release can be found here. This release of the DEAI incorporates updated seasonal adjustments based on historical revisions to a large number of the index’s underlying data series.
The June 2021 DEAI release (covering the second quarter of 2021) will be posted on September 2, 2021. Future DEAI release dates can be found here.