Chicago Fed Midwest Manufacturing Index, November 1998
Midwest Manufacturing Down Slightly in November
The Chicago Fed Midwest Manufacturing Index (CFMMI) fell 0.1% from October to November, to a level of 128.6 (1992=100); revised data show the index rose 1.3% in October. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) was unchanged in November after rising 0.6% in October. Output in the region was 1.1% above a year ago in November while the nation’s output was up 2.0%.