Daily Archives: December 21, 2011

California Economy Flat in October

Comerica Bank’s California Economic Activity Index was flat in October, at a level of 100.  October’s reading is six percent above the index cyclical low of 94.  Year-to-date the index has averaged 102, two points below the 104 average for … Continue reading

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Posted in California, Economic Activity, Indices | Comments Off

November Existing Home Sales, Housing Starts

It’s Alive! …Barely, Housing Takes a Small Step Out of the Basement Existing Home Sales for November increased by 4.0 percent, up to a 4.42 million unit sales rate. The Median Sales Prices for an existing home was down 3.5 … Continue reading

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Posted in Daily, General, United States | Comments Off

Michigan Economy Flat in October

Comerica Bank’s Michigan Economic Activity Index was flat in October, at a level of 88.  The October index level is 17 points, or 24 percent, above the index cyclical low of 71.  Year-to-date the index has averaged 87 points, two … Continue reading

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Posted in Economic Activity, Indices, Michigan | Comments Off