Daily Archives: June 19, 2012

California Economy Expands in April

Comerica Bank’s California Economic Activity Index rose roughly one point to a level of 101.9 in April. April’s reading is 29 points, or 39 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged 100, one point … Continue reading

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May Residential Construction, April JOLTS

Permits Swell in May but Starts Went Away Housing Starts for May decreased by 4.8 percent to a 708,000 unit annual rate. Permits for new residential construction increased by 7.9 percent to a 780,000 unit rate. The Jobs Openings and … Continue reading

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Texas Economy Rises in April

Comerica Bank’s Texas Economic Activity Index rose half of a percentage point in April, to a level of 97.5. The April index reading is 26 points, or 36 percent, above the index cyclical low. The index has averaged 96 points … Continue reading

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