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Monthly Archives: October 2011
Recession Watch: Less Room to Fall
The U.S. economy barely dodges a bullet, and avoids a back-to-back recession. But that is cold comfort to the millions of unemployed and under-employed workers caught up in a still-wounded labor market. It is also only a faint ray of … Continue reading
Posted in General, Monthly, United States
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Texas Economy Unchanged in July
Comerica Bank’s Texas Economic Activity Index was flat in July, unchanged at a level of 99. June’s reading is 16 points, or 19 percent, above the index cyclical low of 83. Year-to-date the index has averaged 96, six points above … Continue reading
Posted in Economic Activity, Indices, Texas
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September ADP Employment, ISM Nonmanufacturing
Not Worse is the New Better The ADP Employment Report for September showed an increase of 91,000 private sector jobs. The September ISM Nonmanufacturing Index dipped insignificantly to 53.0 for September. The BLS payroll number for September is expected to … Continue reading
Posted in Daily, General, United States
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Michigan Economy Flat in July
Comerica Bank’s Michigan Economic Activity Index was flat in July, unchanged at a level of 86. The July index level is 15 points, or 21 percent, above the cyclical index low of 71. Year-to-date, the index has averaged 87 points, … Continue reading
Posted in Economic Activity, Indices, Michigan
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California Economy Dips in July
Comerica Bank’s California Economic Activity Index fell one point in July, to a level of 101. July’s reading is three points below the 104 average for all of 2010, and seven percent above the index cyclical low. Year-to-date the index … Continue reading
Posted in California, Economic Activity, Indices
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Los Angeles Economic Conference
Los Angeles Economic Conference Wednesday, October 5, 2011 Millennium Biltmore Hotel 506 South Grand Ave. LA, CA 90071 11:30 am – 12:00 pm / Registration and Networking 12:00 pm – 1:45 pm/ Lunch and Program Speakers: Robert A. Dye, SVP … Continue reading
Posted in Events
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ISM Manufacturing, Construction Spending
Another Solid Manufacturing Report, With Some Warning Signs The September ISM Manufacturing Index increased to 51.6 percent as production ramped up. Construction Spending for August increased by 1.4 percent on stronger public sector activity. U.S. manufacturing remains a bright spot … Continue reading
Posted in Daily, General, United States
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