Index Shows Midwest Economic Growth Increased in April
The Midwest Economy Index (MEI) increased to +0.12 in April from –0.04 in March. However, the relative MEI decreased to –0.23 in April from –0.13 in the previous month, remaining negative for the second consecutive month. April's value for the relative MEI indicates that Midwest economic growth was somewhat lower than would typically be suggested by the growth rate of the national economy.