Midwest Manufacturing Output Decreased in August
The Chicago Fed Midwest Manufacturing Index (CFMMI) decreased 1.4% in August, to a seasonally adjusted level of 79.9 (2007 = 100). Revised data show the index rose 1.9% in July to 81.0. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) edged up 0.2% in August. Regional output in August rose 8.5% from a year earlier, and national output increased 6.5%.