Midwest Manufacturing Output Increases in September
The Chicago Fed Midwest Manufacturing Index (CFMMI) rose 0.2% from August to September, reaching a seasonally adjusted level of 167.5 (1992=100). Revised data show the index was at 167.2 in August, and had fallen 0.6% from July. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.3% in September, after having risen by 0.2% in August. September output in the region was 7.4% higher than a year earlier, while output in the nation was 6.2% higher.