Midwest Manufacturing Output Increased in January
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 1.3% in January, to a seasonally adjusted level of 90.1 (2007 = 100). Revised data show the index was up 2.2% in December. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.8% in January. Regional output in January rose 9.0% from a year earlier, and national output increased 4.7%.
