Chicago Fed: June CFMMI Rises 1.1% to 106.0

The Chicago Fed Midwest manufacturing index jumped 1.1% in June to a seasonally adjusted level of 106.0 after the May report showed an unrevised 0.8% drop to a level of 104.8, the Federal Reserve Bank of Chicago reported yesterday.

Nationally, the Federal Reserve Board’s industrial production index for manufacturing rose 0.2% in June. Overall manufacturing output in the region dropped 1.9% from a year earlier, compared to a 0.4% decline in output nationally in that period.

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