Chicago Fed Midwest Manufacturing Index for April (Text)

Following is the text of the Chicago Fed’s Midwest Manufacturing Index from the Federal Reserve Bank of Chicago.

The Chicago Fed Midwest Manufacturing Index (CFMMI) decreased 0.9% in April, to a seasonally adjusted level of 83.6 (2007 = 100). Revised data show the index increased 1.5% in March to 84.4. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) decreased 0.5% in April. Regional output in April rose 8.6% from a year earlier, and national output increased 5.0%.