Midwest manufacturing activity rose in July
A measure of manufacturing activity in the Midwest increased 0.5 percent in July, the Federal Reserve Bank of Chicago said today. Revised data show the index increased 0.3 percent in June. Regional output in July rose 6.2 percent from a year earlier, and national output increased 4.2 percent, the Chicago Fed said in a news release.
Regional automobile, steel and resource sectors increased in July, while the machinery sector decreased.
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