Midwest Manufacturing Output Increased in June
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.4% in June, to a seasonally adjusted level of 96.0 (2007 = 100). Revised data show the index was down 0.5% in May. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) moved up 0.3% in June. Regional output rose 3.5% in June from a year earlier, and national output increased 2.1%.