CORRECTED- Chicago Fed Midwest factory activity slips in May

Newswire

Corrects figure in paragraph 2. April's revised reading was 106.2 not 106.0. CHICAGO, June 27 (Reuters) - The Chicago Federal Reserve Bank said on Tuesday its Midwest manufacturing index slipped in May, hurt by a weaker performance in machinery output. The index fell 0.2 percent to a seasonally adjusted 106.0 from April's revised 106.2, which was originally reported at 116.5. Compared with a year earlier, Midwest output was 4.6 percent higher, trailing a 5.4 percent national increase. ...

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