The Detroit Economic Activity Index: December 2021 Results
The Chicago Fed’s Detroit Economic Activity Index (DEAI) was +0.21 in December 2021, down from +0.53 in the previous month. An index value greater than zero points to the city of Detroit’s economic activity growing faster than trend, while an index value less than zero points to the city’s economic activity growing slower than trend.
The complete results of the most recent DEAI—for December 2021 (covering the second half of 2021)—have been posted on the DEAI page of the Federal Reserve Bank of Chicago website. A copy of the December 2021 DEAI release can be found here.
Given the extreme impact of the Covid-19 pandemic on many of the series in the DEAI since March 2020, the Chicago Fed has determined that it will not be appropriate to publish the DEAI’s results after the first quarter of 2022. Therefore, the Chicago Fed will discontinue the DEAI after this March 3, 2022, release.