Midwest manufacturing declines
The Chicago Fed Midwest Manufacturing Index decreased 0.1% in July, to a
seasonally adjusted level of 95.8.
Revised data show the index was up 0.4% in June. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) moved down 0.1% in July. Regional output rose 1.6% in July from a year earlier, and national output increased 1.5%.
Output rose by 1.5% in the steel sector, while production in the auto and machinery sectors both declined during the month.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
