Midwest manufacturing continues upward trend

The Federal Reserve Bank of Chicago said today that its index of Midwest manufacturing activity increased 0.7 percent in October and rose 0.2 percent in September, based on revised data. Production rose in the automobile, resource and machinery sectors, while steel output dropped 0.4 percent.

The Federal Reserve Bank of Chicago said today that its index of Midwest manufacturing activity increased 0.7 percent in October and rose 0.2 percent in September, based on revised data. Production rose in the automobile, resource and machinery sectors, while steel output dropped 0.4 percent.