Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Manufacturing Sector
MANUMIM683SFRBCHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.00
Year-over-Year Change
-99.58%
Date Range
6/1/1976 - 5/1/2021
Summary
The MANUMIM683SFRBCHI tracks Michigan's manufacturing sector performance as part of the Chicago Fed Midwest Economy Index. This metric provides critical insights into regional industrial productivity and economic health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator measures the manufacturing contribution from Michigan to the broader Midwest regional economic performance. Economists use this data to assess industrial output, regional economic trends, and potential shifts in manufacturing activity.
Methodology
The data is calculated by aggregating manufacturing production metrics, employment figures, and economic output from Michigan's industrial sectors.
Historical Context
Policymakers and investors use this index to understand regional economic dynamics, forecast potential economic shifts, and inform strategic decision-making.
Key Facts
- Tracks Michigan's manufacturing sector performance
- Part of the Chicago Fed Midwest Economy Index
- Provides insights into regional industrial productivity
FAQs
Q: What does this economic indicator measure?
A: It measures Michigan's manufacturing sector contribution to the Midwest regional economic performance, tracking industrial output and productivity.
Q: Why is this data important?
A: The indicator helps economists and policymakers understand regional economic trends, manufacturing performance, and potential economic shifts.
Q: How is the data collected?
A: Data is aggregated from manufacturing production metrics, employment figures, and economic output from Michigan's industrial sectors.
Q: Who uses this economic index?
A: Policymakers, investors, economists, and business strategists use this index to inform economic analysis and decision-making.
Q: How often is this data updated?
A: The Chicago Fed typically updates regional economic indices periodically, with frequency depending on data collection and reporting cycles.
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Citation
U.S. Federal Reserve, Contributions to the Chicago Fed Midwest Economy Index: Michigan Contribution: Manufacturing Sector [MANUMIM683SFRBCHI], retrieved from FRED.
Last Checked: 8/1/2025