Daily Archives: August 21, 2012

Auto Industry Stability Buffers Detroit

Posted on August 21, 2012 by Comerica Economics

The Detroit metro area economy has benefitted from a stabilized domestic auto industry, propped up by the post-recession rebound in U.S. auto sales.  Auto sales have increased from a low annual rate of just 9.0 million units in February 2009 … Continue reading →

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Posted in Detroit, General, Michigan, Quarterly Briefs, Regional Updates | Comments Off

Central West Michigan Boosted by Auto Production

Posted on August 21, 2012 by Comerica Economics

Central West Michigan’s unemployment rate fell to 6.5 percent for the second quarter of 2012, considerably below the June state-wide rate of 8.6 percent, as well as the July national rate of 8.3 percent.  Although Ann Arbor maintains the lowest … Continue reading →

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Posted in Central West Michigan, Michigan, Quarterly Briefs, Regional Updates | Comments Off

San Antonio Strong but Exposed to Lower Gas Prices

Posted on August 21, 2012 by Comerica Economics

San Antonio’s labor market saw a year-over-year jobs gain of 5.1 percent in the first quarter of 2012. Although regional job growth moderated to a 1.9 percent annual pace in Q2, San Antonio was still well ahead of average. Healthy … Continue reading →

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Posted in Quarterly Briefs, Regional Updates, San Antonio, Texas | Comments Off

North Texas Economy Shaky Through Q2, Growth to Resume

Posted on August 21, 2012 by Comerica Economics

Job growth in the Dallas-Fort Worth metroplex stalled in the second quarter of 2012, but is expected to resume in the second half of this year. Contributing to the soft patch was the now-resolved strike at Lockheed Martin in Fort … Continue reading →

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Posted in Dallas, Quarterly Briefs, Regional Updates, Texas | Comments Off

Houston Still Energized

Posted on August 21, 2012 by Comerica Economics

Houston is the fastest growing major metropolitan area in the U.S. in terms of payroll job creation, up 3.4 percent on a year-to-year basis this June.  As the center of the global petroleum industry, Houston has benefitted from sustained high … Continue reading →

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Posted in Houston, Quarterly Briefs, Regional Updates, Texas | Comments Off

High Tech Drives Austin

Posted on August 21, 2012 by Comerica Economics

After trending around 7.0 percent annually from 2009-2011, the Austin unemployment rate fell to 5.9 percent as of June.  Austin’s June unemployment rate is 2.4 percentage points below the July national rate of 8.3 percent.  The region’s thriving tech sector … Continue reading →

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Posted in Austin, Quarterly Briefs, Regional Updates, Texas | Comments Off