Index Shows Midwest Economic Growth Slowed Further in July
The Midwest Economy Index (MEI) decreased to +0.03 in July from +0.36 in June, and approached its historical trend for the first time in 17 months. However, Midwest growth continued to outperform its historical deviation with respect to national growth, even as the relative MEI decreased to +0.85 in July from +1.05 in the previous month.