Midwest manufacturing activity increased in July

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The Chicago Fed Midwest Manufacturing Index increased 2.2 percent in July, to a seasonally adjusted level of 81.4, the Federal Reserve Bank of Chicago said last week.

The area covered by the Chicago region includes Iowa. Revised data show the index fell 0.2 percent in June to 79.6.

 The Federal Reserve Board’s industrial production index for manufacturing increased 1.1 percent in July. Regional output in July rose 13.1 percent from a year earlier, and national output increased 8.1 percent.