Index Points to Steady Midwest Economic Growth in September
The Midwest Economy Index (MEI) was unchanged at +0.37 in September. Contributions to the September MEI from one of the four broad sectors of nonfarm business activity and one of the five Seventh Federal Reserve District states increased from August. The relative MEI fell to –0.06 in September from +0.35 in August. Contributions to the September relative MEI from all four sectors and four of the five states decreased from August.