The Midwest Economy Index (MEI) moved down to –0.43 in September from –0.36 in August. Contributions to the September MEI from two of the four broad sectors of nonfarm business activity and two of the five Seventh Federal Reserve District states decreased from August. The relative MEI fell to –0.44 in September from –0.20 in August. Contributions to the September relative MEI from three of the four sectors and all five states decreased from August.