The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 2.2 percent in July, to a seasonally adjusted level of 81.4 (2007 = 100). Revised data show the index fell 0.2 percent in June to 79.6. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 1.1 percent in July. Regional output in July rose 13.1 percent from a year earlier, and national output increased 8.1 percent.

Of the four regional industry sectors, three increased in July. The regional auto sector, steel sector, and machinery sector production rose 7.2 percent, 2.2 percent, and 0.9 percent respectively, while the regional resource sector decreased by 0.1 percent.

For a more complete analysis of the index, go to www.chicagofed.org