Midwest Manufacturing Output Decreased in September
The Chicago Fed Midwest Manufacturing Index (CFMMI) decreased 0.4% in September, to a seasonally adjusted level of 93.4 (2007 = 100). Revised data show the index was down 1.8% in August. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.2% in September. Regional output rose 8.5% in September from a year earlier, and national output increased 3.5%.