The Chicago Fed Midwest manufacturing index slipped 0.3% in August to a seasonally adjusted level of 80.1 after the July report showed a revised 3.1% increase to 80.4 originally reported as a 2.6% rise to 79.7, the Federal Reserve Bank of Chicago reported yesterday.

Nationally, the Federal Reserve Board’s industrial production index for manufacturing rose 0.6% in August. Overall manufacturing output in the region dropped 20.8% from a year earlier, compared to a 12.0% decline in output nationally.

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