The Chicago Fed Midwest Manufacturing Index slid 0.1% in January to a seasonally adjusted level of 105.3 after the December index was revised to a 0.2% increase to 105.4 from the originally reported 0.1% rise to a level of 104.7, the Federal Reserve Bank of Chicago reported yesterday.
Nationally, the Federal Reserve Board’s industrial production index for manufacturing was flat in January. Overall manufacturing output in the region jumped 2.0% from a year earlier, compared to a 2.1% rise in output nationally in that period.
