Contributions to the Chicago Fed Relative Midwest Economy Index: Iowa Contribution: Construction Sector
RCONSTIAM683SFRBCHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-93.74%
Date Range
6/1/1976 - 5/1/2021
Summary
Tracks Iowa's construction sector performance relative to the Midwest regional economy. Provides insights into regional economic development and infrastructure investment trends.
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 index measures Iowa's construction sector contribution to the broader Midwest economic landscape. It helps economists understand regional economic dynamics.
Methodology
Calculated by the Chicago Federal Reserve using sectoral economic data and regional comparative metrics.
Historical Context
Used by policymakers and investors to assess regional economic health and construction sector performance.
Key Facts
- Tracks construction sector performance in Iowa
- Part of Chicago Fed's Relative Midwest Economy Index
- Provides regional economic comparative insights
FAQs
Q: What does this economic index measure?
A: It measures Iowa's construction sector contribution to the Midwest regional economy. Helps understand local economic performance.
Q: How is the index calculated?
A: The Chicago Fed uses comprehensive economic data to compare Iowa's construction sector against regional benchmarks.
Q: Why is this index important?
A: It provides critical insights into regional economic development and infrastructure investment trends.
Q: Can this index predict economic changes?
A: It offers valuable signals about regional economic health and potential future construction activity.
Q: How often is the index updated?
A: Typically updated quarterly to reflect the most recent economic performance data.
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Citation
U.S. Federal Reserve, Iowa Construction Contribution (RCONSTIAM683SFRBCHI), retrieved from FRED.