The Midwest Economy Index (MEI) moved down to +0.23 in October from +0.31 in September. Contributions to the October MEI from all four broad sectors of nonfarm business activity and three of the five Seventh Federal Reserve District states decreased from September. The relative MEI declined to –0.22 in October from –0.11 in September. Contributions to the October relative MEI from all four sectors and two of the five states decreased from September.