The Midwest Economy Index (MEI) fell to –0.28 in May from –0.02 in April, reaching its lowest level since February 2010. Contributions to the May MEI from two of the four broad sectors of nonfarm business activity and all five Seventh Federal Reserve District states decreased from April. The relative MEI moved down to +0.01 in May from +0.18 in April. Contributions to the May relative MEI from three of the four sectors and four of the five states decreased from April.