midwest economy index

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Consumer Confidence Hit Highest Level Since 2000

Consumer Confidence Hit Highest Level Since 2000 Consumer Confidence hit highest level since 2000. Only in eleven individual months since 1967 have we seen confidence higher than it is today. Nine of those months were in the year 2000. The other two were in 1999. This is the thin air of high peaks... The euphoria [...]

2018-10-02T13:13:36+00:00A View|

Consumer Spending Bounce Back in March

Consumer Spending Bounced Back In March After declining in both January and February, consumer spending bounced back solidly in March, rising 0.4 percent. Personal income rose slightly less, climbing 0.3 percent, causing the saving ratio to slip back to 3.1 percent. Wells Fargo Excerpts from a Wall Street Journal editorial (Business Carries the Economy) in [...]

2018-05-04T15:53:16+00:00A View|

Texas Production Index Hits 11 Year High

Texas Production Index Hits 11 Year High The Texas Production index hits 11 year high in December, according to the Federal Reserve Bank of Dallas Texas Manufacturing Survey for December 2017. It reports factory activity expanded strongly in December, according to executives responding to the survey. The Production index spiked to its highest level in [...]

2017-12-29T20:09:11+00:00A View|

Midwest Economy Index Increased in April

The Midwest Economy Index Increased to Highest Value Since June 2014 The Midwest Economy Index  increased in April to +0.70 from +0.61 in March, reaching its highest value since June 2014. What do the index numbers mean? A zero value for the MEI has been associated with the Midwest economy expanding at its historical trend [...]

2017-06-02T14:43:22+00:00A View|

Chicago Business Barometer Increased

MNI Chicago Business Barometer Increased to Highest Level Since January 2015 The MNI Chicago Business Barometer increased in April to its highest level since January 2015. Optimism among firms about business conditions rose for the third month in a row. The April Chicago report showcased another impressive month with firms reporting solid growth. Rising demand [...]

2017-04-28T18:30:13+00:00A View|

Consumer Confidence Increased

The Conference Board Index Shows Consumer Confidence Increased Sharply in March Consumer confidence increased sharply in March to its highest level since December 2000,” said Lynn Franco, Director of Economic Indicators at the Conference Board. “Consumers’ assessment of current business and labor market conditions improved considerably. Consumers also expressed much greater optimism regarding the short-term [...]

2017-03-31T15:58:11+00:00A View|