Midwest Manufacturing Output Increased in June
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 1.1% in June, to a seasonally adjusted level of 94.1 (2007 = 100). Revised data show the index was down 1.4% in May. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.7% in June. Regional output rose 11.0% in June from a year earlier, and national output increased 5.6%.