Daily Archives: October 27, 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

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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

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Posted in Economic Activity, Indices, Texas | Comments Off