Index Shows the Pace of Midwest Growth Decreased in May
The Midwest Economy Index (MEI) decreased to +0.83 in May from +0.94 in April, but remained above its historical trend for the fifteenth consecutive month. In addition, Midwest growth continued to outperform its historical deviation with respect to national growth, as the relative MEI increased to +1.33 in May from +1.11 in the previous month.
