Index Points to Steady Midwest Economic Growth in October
The Midwest Economy Index (MEI) was unchanged at –0.12 in October. Contributions to the October MEI from two of the four broad sectors of nonfarm business activity and three of the five Seventh Federal Reserve District states decreased from September. The relative MEI moved down to –0.21 in October from –0.10 in September. Contributions to the October relative MEI from all four sectors and four of the five states decreased from September.