Midwest Manufacturing Output Edges Down in September
The Chicago Fed Midwest Manufacturing Index (CFMMI) slipped 0.1% in September, to a seasonally adjusted level of 105.2 (2002 = 100). Revised data show the index declined 0.6% in August, to 105.4. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) was unchanged in September. Regional output in September was 0.5% higher than a year earlier, below the 1.6% increase in national output.