The Chicago Fed Midwest Manufacturing Index decreased 0.4% in February to a seasonally adjusted level of 83.8 (2002 = 100). Revised data show the index declined 6.7% in January, to 84.2.
The Federal Reserve Board’s industrial production index for manufacturing fell 0.7% in February. Regional output in February was down 22.2% from a year earlier – lower than the 13.8% decline in national output.
The region’s steel sector output moved down 4.7% in February after declining 6.2% in January. The nation’s steel output was down 2.7% in February. Regional steel output dropped 30.8% from its February 2008 level, and national steel output fell 21.2%.
The Midwest’s machinery sector output decreased 4.2% in February after moving …
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.