Midwest Manufacturing Output Decreased in February
The Chicago Fed Midwest Manufacturing Index (CFMMI) decreased 0.8% in February, to a seasonally adjusted level of 82.6 (2002 = 100). Revised data show the index increased 2.0% in January to 83.2. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) ticked down 0.2% in February. Regional output in February edged down 0.5% from a year earlier, and national output increased 2.0%.
