Daily Archives: September 28, 2012

Comerica Economic Weekly

U.S. data from the third week of September was mixed, indicative of an economy pulled in several directions at once. In particular, consumer spending, representing more than two-thirds of U.S. gross domestic product, remains disjointed. Improving credit availability is fueling … Continue reading

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August Income/Spending, Durable Goods, Sept. UI Claims, Q2 GDP

Household Credit Is Spurring Growth, Threatened by Stalled Income and the Fiscal Cliff U.S. Personal Income increased by 0.1 percent nominally in August, matching the weak July gain. Real Disposable Personal Income fell by 0.3 percent, weighed down by inflation … Continue reading

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