Contributions to the Chicago Fed Midwest Economy Index: Indiana Contribution: Services Sector
SERVINM683SFRBCHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.03
Year-over-Year Change
-96.01%
Date Range
6/1/1976 - 5/1/2021
Summary
The Chicago Fed Midwest Economy Index: Indiana Contribution: Services Sector tracks the performance of Indiana's service industries as a component of regional economic health. This metric provides insights into the state's economic dynamics and service sector productivity.
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 contribution of Indiana's services sector to the broader Midwest regional economy. Economists use this data to assess sectoral performance, regional economic trends, and potential growth indicators.
Methodology
The data is compiled by the Federal Reserve Bank of Chicago using comprehensive economic surveys, statistical sampling, and economic modeling techniques.
Historical Context
Policymakers and investors use this index to understand regional economic conditions, inform investment strategies, and develop targeted economic development initiatives.
Key Facts
- Focuses specifically on Indiana's services sector performance
- Part of the broader Midwest Economy Index
- Provides granular insights into regional economic dynamics
FAQs
Q: What does this economic index measure?
A: The index tracks the contribution of Indiana's services sector to the Midwest regional economy, providing insights into economic performance and trends.
Q: Why is this index important?
A: It helps economists, policymakers, and investors understand the economic health and productivity of Indiana's service industries within the broader regional context.
Q: How often is this data updated?
A: The Chicago Fed typically updates regional economic indices periodically, with frequency depending on data collection and statistical processing requirements.
Q: Can this index predict economic changes?
A: While not a definitive predictor, the index provides valuable leading indicators of economic trends and potential shifts in the services sector.
Q: What services are included in this index?
A: The index typically encompasses a broad range of service industries, including finance, healthcare, professional services, hospitality, and other service-based economic activities.
Related News
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
Related Trends
Quarterly Financial Report: U.S. Corporations: Nonmetallic Mineral Products: Land and Mineral Rights
QFR217327USNO
Contributions to the Chicago Fed Midwest Economy Index: Consumer Spending Contribution
CONSUMERM683SFRBCHI
Quarterly Financial Report: U.S. Corporations: Textile Mills and Textile Product Mills: Long-Term Debt, Due in More Than 1 Year: Other Long-Term Loans
QFRD319313USNO
Quarterly Financial Report: U.S. Corporations: Foundries: Depreciation, Depletion, and Amortization of Property, Plant, and Equipment
QFR102331USNO
Quarterly Financial Report: U.S. Corporations: Beverage and Tobacco Products: Property, Plant, and Equipment
QFR216312USNO
Contributions to the Chicago Fed Relative Midwest Economy Index: Midwest Region Contribution
RREGIONALM683SFRBCHI
Citation
U.S. Federal Reserve, Contributions to the Chicago Fed Midwest Economy Index: Indiana Contribution: Services Sector [SERVINM683SFRBCHI], retrieved from FRED.
Last Checked: 8/1/2025