Chicago Fed Midwest Manufacturing Index rises
The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 1.9% in March, to a seasonally adjusted level of 85.0.
The Federal Reserve Board's industrial production index for manufacturing (IPMFG) rose 0.7% in March. Regional output in March rose 12.5% from a year earlier, and national output increased 7.1%.
All four regional sectors increased in March. Regional auto sector production increased 4.7%; steel sector output rose 2.3%; machinery sector production moved up 1.6%; and resource sector output improved 0.9%.
Click here to access the Industrial Supply magazine Resource Library on current Federal Reserve District Manufacturing Surveys.
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.
