The Midwest Economy Index surged to positive 0.25 in July from a revised negative 0.11 in June, first reported as negative 0.13, the Federal Reserve Bank of Chicago reported Thursday.

The relative MEI improved to positive 0.45 in July from a downwardly revised negative 0.16 in June, first reported as negative 0.07. The positive relative MEI indicates that growth in the region was somewhat higher than expected.

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