Midwest Manufacturing Output Rises in November
The Chicago Fed Midwest Manufacturing Index (CFMMI) rose 0.1% in November to a seasonally adjusted level of 104.2 (1997=100). Revised data show the index was down 0.4% to 104.1 in October. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) was up 0.1% in November after falling 0.4% in October. November output in the region was 3.0% higher than a year earlier, while output in the nation was 1.6% higher.