The Chicago Fed Midwest Manufacturing Index gained 0.4% in October to a seasonally adjusted level of 97.4, as two of the four regional sectors improved, the Federal Reserve Bank of Chicago reported Wednesday.

Nationally, the Federal Reserve Board's industrial production index for manufacturing increased 0.3% in October. Overall manufacturing output in the region gained 5.7% from a year earlier, compared to 3.6% growth in output nationally in that period.

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