The Midwest Economy Index (MEI), which approximates quarterly growth at a monthly frequency, rose to +4.30 in September from +1.55 in August. Contributions to the September MEI from all four broad sectors of nonfarm business activity and all five Seventh Federal Reserve District states increased from August. The relative MEI rose to +0.83 in September from –6.12 in August. Contributions to the September relative MEI from all four sectors and all five states increased from August.
Midwest Economy Index, September 2020
Index Suggests Midwest Growth Well Above Trend Through September