Daily Archives: October 19, 2012

Comerica Economic Weekly

We have had a spate of noisy data, beginning with the large downward revision of Q2 real GDP growth to 1.3 percent. Then we had a major decline in September’s unemployment rate to 7.8 percent. We also saw house starts … Continue reading

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September Existing Home Sales, Leading Indicators, October UI Claims

The Noise! Noisy Data Still Consistent with Improving Trend  Existing Home Sales for September dipped by 1.7 percent, to a 4.75 million unit annual rate. The Leading Economic Index for September increased by 0.6 percent, after falling in August. Initial … Continue reading

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