Midwest Manufacturing Output Was Unchanged in March
The Chicago Fed Midwest Manufacturing Index (CFMMI) was unchanged in March, at a seasonally adjusted level of 92.2 (2007 = 100). Revised data show the index was up 1.6% in February. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) decreased 0.2% in March. Regional output in March rose 8.6% from a year earlier, and national output increased 5.0%.