Posted August 27, 2012
Chicago Fed Midwest Manufacturing Index rises
The Chicago Fed Midwest Manufacturing Index increased 1.8% in July, to a
seasonally adjusted level of 95.
Revised data show the index was up 0.9% in June. The Federal Reserve Board’s industrial production index for manufacturing (IPMFG) increased 0.5% in July. Regional output rose 12.5% in July from a year earlier, and national output increased 5.2%.
Production in the auto and resource sectors increased in July, while the steel and machinery sectors both declined.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
