Chicago Fed Midwest factory activity rises in June

Newswire

CHICAGO, July 27 (Reuters) - The Chicago Federal Reserve Bank said on Thursday its Midwest manufacturing index rose in June, helped by a stronger performance in the auto sector. The index rose 0.7 percent to a seasonally adjusted 107.0 from an upwardly revised 106.2 in May, originally reported at 106.0. Three of the four regional subsectors rose last month, with the fourth, resources, down marginally. Compared with a year earlier, Midwest output was up 5.7 percent, close to the 5.9 ...

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