NEW YORK, June 29 (Reuters) - The Chicago Federal Reserve Bank said on Monday its Midwest manufacturing index fell in May to its lowest in more than 15 years due to a sharp decline in output from the struggling U.S. car industry. The index fell 3.1 percent to a seasonally adjusted 78.2 from a downwardly revised 80.7 in April, which was originally reported at 81.0. The May index was at the lowest level since September 1993. Compared with a year earlier, Midwest output was down 24.4 ...
Premium Content (PAID Subscription Required)
"Chicago Fed Midwest factory index falls on weak autos" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642