Midwest Manufacturing Output Increased in October
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.7% in October, to a seasonally adjusted level of 80.9 (2007 = 100). Revised data show the index edged up 0.2% in September to 80.3. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.6% in October. Regional output in October rose 8.6% from a year earlier, and national output increased 6.7%.