Daily Archives: October 19, 2012

Comerica Economic Weekly

Posted on October 19, 2012 by Comerica Economics

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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Posted in United States, Weekly | Comments Off

September Existing Home Sales, Leading Indicators, October UI Claims

Posted on October 19, 2012 by Comerica Economics

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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Posted in Daily, United States | Comments Off