Posted April 27, 2010
Chicago Fed Midwest Manufacturing Index rises
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 1.3% in March, to a seasonally adjusted level of 84.1 (2002 = 100).
Revised data show the index ticked down 0.1% in February to 83.1. The Federal Reserve Board's industrial production index for manufacturing (IPMFG) increased 0.9% in March. Regional output in March edged up 4.7% from a year earlier, and national output increased 5.1%.
All four regional industry sectors increased in March, with auto sector production rising 2.2%; steel sector output grew 1.7%; machinery sector production moved up 1.5%; and resource sector output edged up 0.6%.
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