Research News

Preliminary December unemployment rates for Chicago and other Metropolitan Statistical Areas (MSAs).

The MEI increased to +0.09 in December from -0.13 in November, indicating a increased pace of growth; economic activity levels exceeded historical trend values for the first time in five months.

The Chicago Fed Midwest Manufacturing Index (CFMMI), an index of manufacturing output based on hours worked in major industries in the Midwest region (IL, IN, IA, MI, WI), increased in December.

The Chicago Fed National Activity Index (CFNAI), a measure of how the national economy is faring relative to its historical trend rate, increased to +0.17 in December, and the 3-month moving average (MA3) increased to -0.08.

Data from the Illinois Association of Realtors on residential sales volume and median prices in the City of Chicago, surrounding 9-county area, and state of Illinois.

The Bureau of Labor Statistics (BLS) released December 2011 figures for Real Earnings, an indicator that reflects components of consumers’ buying power.

December 2011 Consumer Price Index figures (Bureau of Labor Statistics)

Figures for the Midwest region from the Job Openings & Labor Turnover Survey, which tracks job openings, hires, and separations (quits, layoffs and discharges, and other separations including retirements).

Preliminary November unemployment rates for Chicago and other Metropolitan Statistical Areas (MSAs).

The MEI increased from -0.30 in October to -0.15 in November, indicating a increased pace of growth; economic activity levels moved closer to historical trend values in the largest over-the-month improvement in the index since March of this year.

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