Research >> Economics
Chicago Fed Midwest Manufacturing Index increased 0.4%
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.4% in September, to a seasonally adjusted level of 85.2 (2007 = 100). Revised data show the index increased 0.5% in August. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.4% in September. Regional output in September rose 7.2% from a year earlier, and national output increased 4.3%.
Production in two of the four regional sectors increased in September:
• Regional auto sector production increased 1.2%;
• Regional resource sector output moved up 0.5%;
• Regional machinery sector production decreased 0.1%; and
• Regional steel sector output declined 0.5%.
Posted: October 27, 2011 Thursday 08:30 AM