Contributions to the Chicago Fed Relative Midwest Economy Index: Wisconsin Contribution: Manufacturing Sector
RMANUWIM683SFRBCHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
-67.66%
Date Range
6/1/1976 - 5/1/2021
Summary
The Chicago Fed Relative Midwest Economy Index for Wisconsin's Manufacturing Sector tracks the performance and contribution of manufacturing to the regional economic landscape. This metric provides critical insights into the industrial productivity and economic health of Wisconsin's manufacturing segment.
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 relative performance of Wisconsin's manufacturing sector within the broader Midwest regional context. Economists use this index to assess industrial output, economic trends, and potential shifts in manufacturing productivity.
Methodology
The index is calculated by the Federal Reserve Bank of Chicago using comprehensive manufacturing data, statistical modeling, and comparative regional economic analysis.
Historical Context
Policymakers and investors use this index to inform economic development strategies, investment decisions, and regional economic forecasting.
Key Facts
- Tracks Wisconsin's manufacturing sector performance relative to Midwest region
- Provides insights into industrial output and economic contributions
- Developed by the Federal Reserve Bank of Chicago
FAQs
Q: What does this economic index measure?
A: The index measures Wisconsin's manufacturing sector performance compared to the broader Midwest regional economy. It provides a comparative assessment of industrial productivity and economic contribution.
Q: How often is this index updated?
A: The Chicago Fed typically updates regional economic indices quarterly, providing current snapshots of manufacturing sector performance.
Q: Why is this index important for investors?
A: Investors use this index to understand regional economic trends, assess manufacturing sector health, and make informed investment decisions in industrial sectors.
Q: How is the index calculated?
A: The index is calculated using comprehensive manufacturing data, statistical modeling, and comparative economic analysis by the Federal Reserve Bank of Chicago.
Q: What are the limitations of this economic indicator?
A: The index provides a relative measure and should be used alongside other economic indicators for comprehensive analysis. It represents a snapshot of economic performance at a specific time.
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Citation
U.S. Federal Reserve, Contributions to the Chicago Fed Relative Midwest Economy Index: Wisconsin Contribution: Manufacturing Sector [RMANUWIM683SFRBCHI], retrieved from FRED.
Last Checked: 8/1/2025