Federal Reserve Economic Data

Contributions to the Chicago Fed Relative Midwest Economy Index: Indiana Contribution: Construction Sector (RCONSTINM683SFRBCHI)

Observation:

May 2021: -0.01355 (+ more)   Updated: Jun 30, 2021 7:35 AM CDT
May 2021:  -0.01355  
Apr 2021:  -0.05845  
Mar 2021:  -0.00503  
Feb 2021:  0.00761  
Jan 2021:  0.05274  
View All

Units:

Index Standard Deviation,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Federal Reserve Bank of Chicago  

Release: Chicago Fed Midwest Economy Index  

Units:  Index Standard Deviation, Seasonally Adjusted

Frequency:  Monthly

Notes:

This series represents the contributions of Indiana's construction sector to the Relative Midwest Economy Index (RMEI). This series is the weighted average of state variables measuring the growth in nonfarm business activity based on construction sector indicators for the Indiana.

A zero value represents an average contribution to RMEI by the state of Indiana construction sector, a rate historically consistent with the growth of the national economy, whereas positive values indicate above-average relative contribution; and negative values indicate below average relative contribution.

For further information about the Relative 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 Relative Midwest Economy Index: Indiana Contribution: Construction Sector [RCONSTINM683SFRBCHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RCONSTINM683SFRBCHI, .

RELEASE TABLES


Subscribe to the FRED newsletter


Follow us

Back to Top