Daily Archives: May 22, 2012

April Existing Home Sales, Fed Surveys

The Gradual Firming in Housing Is Building a Floor for the Economy Existing Home Sales for April increased by 3.4 percent, to a 4.62 million unit sales rate. The Richmond Fed’s Survey of Manufacturing Conditions for May showed gains in … Continue reading

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Michigan Index Dips Slightly in March

Comerica Bank’s Michigan Economic Activity Index dipped slightly in March, declining half of a percentage point to 101.7. The March index reading is 42 points, or 70 percent, above the index cyclical low of 59.9. The index averaged 101 points … Continue reading

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