Index Shows Midwest Economic Growth Again Robust in April
The Midwest Economy Index (MEI) edged down to +0.76 in April from +0.82 in March, marking the sixth consecutive month that Midwest economic growth was above its historical trend. In addition, Midwest growth continued to outperform its historical deviation with respect to national growth, as the relative MEI increased to +0.64 in April from +0.20 in March, recording its largest month-to-month increase since March 2010.