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Chicago Fed Midwest Manufacturing Index, May 2008
Midwest Manufacturing Output is Down in May
The Chicago Fed Midwest Manufacturing Index (CFMMI) decreased 0.8% in May, to a seasonally adjusted level of 104.8 (2002 = 100). Revised data show the index decreased 1.8% in April, to 105.7. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) was unchanged in May. Regional output in May was 2.8% lower than a year earlier, below the 0.1% decrease in national output.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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