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Contributions to the Chicago Fed Relative Midwest Economy Index: Wisconsin Contribution: Manufacturing Sector (RMANUWIM683SFRBCHI)

Observation:

Oct 2019: -0.08915  
Updated: Dec 2, 2019

Units:

Index Standard Deviation,
Seasonally Adjusted

Frequency:

Monthly
1Y | 5Y | 10Y | Max

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 Wisconsin's manufacturing 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 manufacturing sector indicators for the Wisconsin.

A zero value represents an average contribution to RMEI by the state of Wisconsin manufacturing 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: Wisconsin Contribution: Manufacturing Sector [RMANUWIM683SFRBCHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RMANUWIM683SFRBCHI, December 15, 2019.

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