The Midwest Economy Index (MEI) moved down to –0.48 in November from –0.41 in October. Contributions to the November MEI from two of the four broad sectors of nonfarm business activity and four of the five Seventh Federal Reserve District states decreased from October. The relative MEI moved up to –0.09 in November from –0.23 in October. Contributions to the November relative MEI from all four sectors and four of the five states increased from October.