Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution
RCONSTRUCTIONM683SFRBCHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.00
Year-over-Year Change
-101.62%
Date Range
6/1/1976 - 5/1/2021
Summary
The Chicago Fed Relative Midwest Economy Index's Construction Contribution tracks the construction sector's performance and economic impact in the Midwestern United States. This metric provides insights into regional economic health, infrastructure development, and potential investment opportunities.
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 construction industry's relative contribution to the Midwest's overall economic performance, reflecting changes in building activity, infrastructure investments, and regional economic dynamics. Economists use this data to assess regional economic trends, construction sector resilience, and potential leading indicators of economic growth.
Methodology
The data is collected and calculated by the Federal Reserve Bank of Chicago using comprehensive economic surveys, construction permit data, and economic modeling techniques.
Historical Context
Policymakers and investors use this index to evaluate regional economic conditions, infrastructure investment potential, and potential economic stimulus strategies.
Key Facts
- Tracks construction sector performance in the Midwestern United States
- Provides insights into regional economic health and infrastructure development
- Calculated by the Federal Reserve Bank of Chicago using comprehensive economic data
FAQs
Q: What does the Construction Contribution index measure?
A: It measures the construction sector's relative economic performance in the Midwestern United States, indicating regional economic activity and infrastructure development.
Q: How is this index useful for investors?
A: Investors can use this index to assess regional economic trends, potential infrastructure investments, and construction sector opportunities in the Midwest.
Q: How often is this data updated?
A: The Chicago Fed typically updates this index periodically, providing current insights into the region's construction and economic performance.
Q: What regions are included in this Midwest economic analysis?
A: The index covers the Midwestern United States, typically including states like Illinois, Indiana, Michigan, Ohio, and surrounding Midwestern states.
Q: What are the limitations of this economic indicator?
A: The index provides a regional perspective and may not fully capture all economic nuances or individual state variations in the Midwest.
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Citation
U.S. Federal Reserve, Contributions to the Chicago Fed Relative Midwest Economy Index: Construction Contribution [RCONSTRUCTIONM683SFRBCHI], retrieved from FRED.
Last Checked: 8/1/2025