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Contributions to the Chicago Fed Midwest Economy Index: Manufacturing Contribution (MANUFACTURINGM683SFRBCHI)


May 2021: 0.43748 (+ more)   Updated: Jun 30, 2021
May 2021:  0.43748  
Apr 2021:  0.39303  
Mar 2021:  0.33256  
Feb 2021:  0.27523  
Jan 2021:  0.27217  
View All


Index Standard Deviation,
Seasonally Adjusted




Source: Federal Reserve Bank of Chicago  

Release: Chicago Fed Midwest Economy Index  

Units:  Index Standard Deviation, Seasonally Adjusted

Frequency:  Monthly


This series represents the contributions of the manufacturing sector to the Midwest Economy Index (MEI). This series is a weighted average of state and regional indicators encompassing the entirety of the five states in the Seventh Federal Reserve District (Illinois, Iowa, Iowa, Michigan, and Wisconsin).

The series measures the growth in nonfarm business activity in the Midwest Region based on the manufacturing sector.

A zero value represents an average contribution to the MEI by the manufacturing, whereas a positive value indicates that an above-average contribution to MEI; and negative values indicate below-average contribution to MEI.

For further information about the Midwest Economy Index, go to http://midwest.chicagofedblogs.org/archives/2011/03/mei_by_scott_br.html and http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflnovember2010_280.pdf .

Suggested Citation:

Federal Reserve Bank of Chicago, Contributions to the Chicago Fed Midwest Economy Index: Manufacturing Contribution [MANUFACTURINGM683SFRBCHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MANUFACTURINGM683SFRBCHI, March 2, 2024.


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