Observations
May 2021: -0.07742 | Index Standard Deviation | Monthly
Updated: Jun 30, 2021 7:35 AM CDT
Next Release Date: Not Available
Observations
May 2021: | -0.07742 | |
Apr 2021: | -0.10535 | |
Mar 2021: | -0.04172 | |
Feb 2021: | -0.04157 | |
Jan 2021: | 0.02593 | |
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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 Iowa's services 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 services sector indicators for the Iowa.
A zero value represents an average contribution to RMEI by the state of Iowa services 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: Iowa Contribution: Services Sector [RSERVIAM683SFRBCHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RSERVIAM683SFRBCHI, February 19, 2025.
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