Chicago Fed Midwest Manufacturing Index, January 1998
Midwest Manufacturing Rises in October
The Chicago Fed Midwest Manufacturing Index (CFMMI) rose 0.8% from September to October, to a level of 128.5 (1992=100); revised data show the index fell 1.0% in September. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) rose 0.4% in October after falling 0.5% in September. Output in the region was 1.6% above a year ago in October, while the nation’s output was up 2.6%.