Chicago Fed Midwest Manufacturing Index (CFMMI)

The Chicago Fed Midwest Manufacturing Index (CFMMI) is a monthly estimate by major industry of manufacturing output in the Seventh Federal Reserve District states of lllinois, Indiana, Iowa, Michigan, and Wisconsin. It is a composite index of 15 manufacturing industries that uses hours worked data to measure monthly changes in regional activity.

Latest CFMMI Release

Midwest Manufacturing Output is Down in March
The Chicago Fed Midwest Manufacturing Index (CFMMI) decreased 0.7% in March, to a seasonally adjusted level of 107.6 (2002=100). Revised data show the index decreased 0.8% in February, to 108.4. (PDF,111KB)

More about the CFMMI
The CFMMI provides a regional comparison with the manufacturing component of the Industrial Production Index (IPMFG) compiled by the Federal Reserve Board. Although the IPMFG is constructed differently than the CFMMI, it also uses hours worked data as measures of industry output for about 60 percent of its total production index.