Midwest Manufacturing Output Increased in November
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.4% in November, to a seasonally adjusted level of 81.1 (2007 = 100). Revised data show the index edged up 0.3% in October to 80.8. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.3% in November. Regional output in November rose 7.9% from a year earlier, and national output increased 6.0%.