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Title:               Chicago Fed Survey of Economic Conditions: Wage Costs Index in Federal Reserve District 7: Chicago (DISCONTINUED)
Series ID:           CFSBCWAGECOSTS
Source:              Federal Reserve Bank of Chicago
Release:             Chicago Fed Survey of Economic Conditions
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Index
Date Range:          2013-02-01 to 2019-09-01
Last Updated:        2019-10-16 2:31 PM CDT
Notes:               February data are collected from January to Early February and are
                     associated with March Beige Book issue.
                     March data are collected from Late February to March and are
                     associated with April Beige Book issue.
                     May data are collected from April to early May and are associated with
                     June Beige Book issue.
                     June data are collected from late May to June and are associated with
                     July Beige Book issue.
                     August data are collected July to early August and are associated with
                     September Beige Book issue.
                     September data are collected from late August to September and are
                     associated with October Beige Book issue.
                     November data are collected from October to early November and are
                     associated with late November or December Beige Book issue.
                     December data are collected from late November to December and are
                     associated with January Beige Book issue.
                     
                     To support its Beige Book efforts, the Chicago Fed gathers information
                     from its business contacts using an online survey system. Respondents
                     are asked to rate various aspects of business conditions along a
                     seven-point scale ranging from “substantially increased” to
                     “substantially decreased.” A series of diffusion indexes
                     summarizing the distribution of responses is then calculated.
                     Respondents’ respective average answers to a question can be
                     interpreted as representing their historical trends or long-run
                     averages. Thus, zero index values indicate that, on balance, activity,
                     hiring, capital spending, or cost pressures are growing at their trend
                     rates or that outlooks are neutral. Positive index values indicate
                     above-average growth (or optimistic outlooks) on balance, and negative
                     values indicate below average growth (or pessimistic outlooks) on
                     balance.
                     For more information, see
                     https://www.chicagofed.org/publications/cfsbc/index

DATE                      VALUE
2013-02-01 -25.0000000000000000
2013-03-01 -24.3902435302734380
2013-04-01                    .
2013-05-01 -68.2926864624023400
2013-06-01 -25.9842529296875000
2013-07-01                    .
2013-08-01 -51.2195129394531250
2013-09-01 -27.0491790771484380
2013-10-01                    .
2013-11-01 -33.8709678649902340
2013-12-01 -33.3333320617675800
2014-01-01                    .
2014-02-01 -26.7857151031494140
2014-03-01 -44.4444427490234400
2014-04-01                    .
2014-05-01 -19.3069305419921880
2014-06-01  15.2284269332885740
2014-07-01                    .
2014-08-01 -14.8514842987060550
2014-09-01 -26.2886600494384770
2014-10-01                    .
2014-11-01 -19.2118225097656250
2014-12-01  -2.8846151828765870
2015-01-01                    .
2015-02-01  -1.2605041265487670
2015-03-01   3.5433073043823240
2015-04-01                    .
2015-05-01  12.4060153961181640
2015-06-01  -7.2289156913757320
2015-07-01                    .
2015-08-01   1.2048193216323853
2015-09-01  -4.8979592323303220
2015-10-01                    .
2015-11-01 -25.4826240539550780
2015-12-01 -15.6250000000000000
2016-01-01                    .
2016-02-01  -5.5727553367614750
2016-03-01 -12.3167161941528320
2016-04-01                    .
2016-05-01  -4.4910178184509280
2016-06-01 -20.4968948364257800
2016-07-01                    .
2016-08-01   0.0000000000000000
2016-09-01  -7.9470200538635250
2016-10-01                    .
2016-11-01 -11.7647056579589840
2016-12-01  -1.0101009607315063
2017-01-01                    .
2017-02-01  -1.9933553934097290
2017-03-01   5.1194539070129395
2017-04-01                    .
2017-05-01 -19.3877544403076170
2017-06-01   6.0810813903808590
2017-07-01                    .
2017-08-01 -19.7802200317382800
2017-09-01  -4.3795619010925290
2017-10-01                    .
2017-11-01   2.2222223281860350
2017-12-01   0.0000000000000000
2018-01-01                    .
2018-02-01  -3.4090909957885740
2018-03-01   9.6385545730590820
2018-04-01                    .
2018-05-01   7.7253222465515140
2018-06-01 -18.8235301971435550
2018-07-01                    .
2018-08-01   6.9767441749572750
2018-09-01   5.3956837654113770
2018-10-01                    .
2018-11-01  19.8529415130615230
2018-12-01   5.2631578445434570
2019-01-01                    .
2019-02-01 -13.4328355789184570
2019-03-01 -10.2272729873657230
2019-04-01                    .
2019-05-01 -15.2343750000000000
2019-06-01 -28.2352943420410160
2019-07-01                    .
2019-08-01 -20.7317066192626950
2019-09-01 -26.9230766296386720