Index Points to Little Change in Midwest Economic Growth in October
The Midwest Economy Index (MEI) edged up to –0.41 in October from –0.45 in September. Contributions to the October MEI from three of the four broad sectors of nonfarm business activity and four of the five Seventh Federal Reserve District states increased from September. The relative MEI increased to –0.28 in October from –0.46 in September. Contributions to the October relative MEI from three of the four sectors and three of the five states increased from September.