October 28th, 2011
Econintersect: The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 0.4% in September 2011. Econintersect analysis has determined that year-over-year Federal Reserves Industrial Production (IP) index growth has been flat for the last five months.
Production in three of the four regional sectors increased in August:
- Regional machinery sector production decreased 0.1%;
- Regional auto sector production moved up 1.2%;
- Regional steel sector output declined 0.5%; and
- Regional resource sector output increased 0.5%.
source: Chicago Fed