Predicting gross state product growth with the Chicago Fed's Midwest Economy Index

Abstract: This article explains how the Federal Reserve Bank of Chicago?s Midwest Economy Index (MEI) can be used to produce quarterly estimates of the annual gross state product (GSP) growth of each state in the Seventh Federal Reserve District.

Keywords: Federal Reserve District, 7th; Economic conditions - Federal Reserve District, 7th;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2011

Issue: Dec

Order Number: 293