Regional Economic Indicators

The Consumer Price Index for All Urban Consumers (CPI-U) measures the average change in prices paid by consumers for everyday goods and services over time. Tracking the CPI at a regional level can inform us about differences in inflation within the United States.

These data are drawn from a monthly survey conducted by the Federal Reserve Bank of Minneapolis. Responses come from a list of business owners and/or managers in a variety of industry sectors from across the Ninth District, who have volunteered to share information with the Minneapolis Fed via electronic survey. Contacts are asked to report on a consistent set of business metrics each month, indicating whether they have increased, decreased, or remained unchanged relative to the previous month, and to report about their expectations for the month ahead. Results are summarized here as the net share of those reporting whether an indicator increased in the last month. The final data point, labeled (F), displays their forecast for that indicator over the coming month.