The Chicago Fed Midwest Manufacturing Index jumped 0.4% in July to a seasonally adjusted level of 106.3 after the June report showed a revised 1.2% increase to 105.9, originally reported as 1.1% rise, the Federal Reserve Bank of Chicago reported yesterday.

Nationally, the Federal Reserve Board’s industrial production index for manufacturing rose 0.4% in July. Overall manufacturing output in the region dropped 2.4% from a year earlier, compared to a 0.9% decline in output nationally in that period.

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