Index Points to Increased Midwest Economic Growth in March
The Midwest Economy Index (MEI) rose to +0.60 in March from +0.28 in February. All four broad sectors of nonfarm business activity and all five Seventh Federal Reserve District states made positive contributions to the MEI in March. The relative MEI increased to +0.40 in March from +0.23 in February. All four sectors and four of the five states made positive contributions to the relative MEI in March.
