Midwest Manufacturing Output Increased in October
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.7% in October, to a seasonally adjusted level of 85.5 (2007 = 100). Revised data show the index increased 0.2% in September. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.5% in October. Regional output in October rose 7.3% from a year earlier, and national output increased 4.5%.