Daily Archives: April 26, 2012

Miami Stirring, Driven by Multifamily Boom

Miami labor markets were hit hard by the most recent recession, but have recovered slightly better than the national average. 2011 Miami payroll employment grew 1.6 percent, compared to 1.2 percent nationally.  Miami’s February unemployment rate of 9.6 percent is … Continue reading

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Posted in Miami, Quarterly Briefs | Comments Off

Florida Economy Down Slightly in February

Comerica Bank’s Florida Economic Activity Index fell one point in February, to a level of 105.  February’s reading is 24 points, or 30 percent, above the index cyclical low of 81.  Year-to-date the index is seven points above the average … Continue reading

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Posted in Economic Activity, Florida | Comments Off

Michigan Index Spikes in February

Comerica Bank’s Michigan Economic Activity Index increased by four points in February, spiking to a level of 102.  The February index level is 42 points, or 70 percent, above the index cyclical low of 60. February marks the highest index … Continue reading

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Posted in Economic Activity, Indices, Michigan | Comments Off