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Chicago Fed Midwest Manufacturing Index, April 1998
Midwest Manufacturing Index Rises in April

The Chicago Fed Midwest Manufacturing Index (CFMMI) rose 0.3% in April from March to a level of 125.7 (1992=100), following a revised decrease of 0.2% in March. By comparison, the Federal Reserve Board’s industrial production index for manufacturing (IP-MFG) also rose by 0.3% in April from March, after also falling by 0.2% in March. Output in the region was 3.0% above a year ago in April while the nation’s output was up 4.3%.

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