Midwest Manufacturing Output Increased in October
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.5% in October, to a seasonally adjusted level of 82.9 (2002 = 100). Revised data show the index rose 0.7% in September to 82.5. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) was down by 0.1% in October. Regional output in October declined 13.6% from a year earlier, and national output decreased 7.5%.