Midwest manufacturing tapered off in February, largely due to a decline in auto production, the...

|By:, SA News Editor

Midwest manufacturing tapered off in February, largely due to a decline in auto production, the Chicago Fed reported Tuesday. The Midwest Manufacturing Index fell 0.8% to 82.6, paring back a 2% gain in January. Compared to a year ago, the index was -0.5% in the midwest, and +2% nationwide.