Monthly Archives: October 2011

Q3 GDP, Sept. Durable Goods and Home Sales, Oct. UI Claims

Unsustainable Consumer Spending Boosts Q3 GDP, Recession Odds Still Elevated Real Gross Domestic Product increased at a 2.5 percent annual rate in the third quarter. Real Consumer Spending grew at a 2.4 percent rate, while real disposable income declined. New … Continue reading

Posted in Daily, General, United States | Comments Off

Texas Economy Ticks Down One Point in August

Comerica Bank’s Texas Economic Activity Index ticked down in August, declining one point to a level of 98. August’s reading is 15 points, or 18 percent, above the index cyclical low of 83.  Year-to-date the index has averaged 96, six … Continue reading

Posted in Economic Activity, Indices, Texas | Comments Off

Michigan Economy Up Slightly in August

Comerica Bank’s Michigan Economic Activity Index ticked up one point in August, to a level of 87.  The August index level is 16 points, or 23 percent, above the index cyclical low of 71.  Year-to-date the index has averaged 87 … Continue reading

Posted in Economic Activity, Indices, Michigan | Comments Off

California Economy Ticks Up in August

Comerica Bank’s California Economic Activity Index ticked up one point in August, to a level of 102.  August’s reading is two points below the 104 average for all of 2010, and nine percent above the index cyclical low of 94.  … Continue reading

Posted in California, Economic Activity, Indices | Comments Off

Comerica Economic Weekly

This week’s economic data did little to dispel the fog of uncertainty that hangs over the U.S. economy and global financial markets. Existing home sales remain flat, dipping in September by 3.0 percent to a 4.91 million unit annual pace; … Continue reading

Posted in General, United States, Weekly | Comments Off

Sept. Existing Home Sales, Leading Index, CPI, PPI, House Starts, UI Claims

Recent Data Says More of the Same, No Breakout, No Backslide Existing Home Sales for September dipped by 0.3 percent. Prices down 3.5 percent from a year ago. The Leading Economic Index for September increased by 0.2 percent. The Consumer … Continue reading

Posted in General | Comments Off

September Industrial Production, October Empire State Survey

The Situational Economy Industrial Production for September grew by 0.2 percent. August was revised down to unchanged. Capacity Utilization improved to 77.4 percent in September, still weak by historical standards. The Empire State Manufacturing Survey for October stayed weak at … Continue reading

Posted in Daily, General, United States | Comments Off

Comerica Economic Weekly

Despite weak job growth and dismal consumer confidence readings, consumers hung in there, doing their part to keep the leaky economy afloat. Retail sales for September beat expectations, increasing by a hefty 1.1 percent as retail auto sales gained 3.6 … Continue reading

Posted in General, United States, Weekly | Comments Off

September Retail Sales, August International Trade, October UI Claims

Sales Surged in September, Driven by Cars Retail Sales for September added a hefty 1.1 percent, as motor vehicle sales gained 3.6 percent. Ex-auto Retail Sales increased by 0.6 percent with help from clothing stores and gas stations. The August … Continue reading

Posted in Daily, General, United States | Comments Off

Houston Economic Conference – Thursday, October 13, 2011

Houston Economic Conference Continue reading

Posted in Events, Houston, Texas | Tagged , , , | Comments Off