Midwest Manufacturing Output Increased in December
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.3% in December, to a seasonally adjusted level of 81.5 (2007 = 100). Revised data show the index increased 0.3% in November to 81.2. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) rose 0.4% in December. Regional output in December rose 8.3% from a year earlier, and national output increased 6.4%.