Monthly Archives: October 2012

Comerica Economic Weekly

Recent data do not move the dial of economic expectations, remaining consistent with the view that conditions improved in the third quarter, relative to the second, and that moderate improvement is continuing into the early fourth quarter. Producer prices for … Continue reading

Posted in Weekly | Comments Off

September Producer Price Index, August Trade, October Sentiment and UI Claims

Grab Bag of Data Consistent with Moderate Improvement in 2012H2  The September Producer Price Index increased by 1.1 percent, pushed by higher energy prices. The Core PPI for Finished Goods was unchanged in September, checked by declining equipment prices. The … Continue reading

Posted in General, Monthly, Weekly | Comments Off

October Beige Book, Mortgage Apps, August Inventories, JOLTS

Modest Q3 Expansion with Improved Housing, Uncertain Labor Markets The Fed’s Beige Book suggested modest growth across most regions and sectors in early Fall. Mortgage Applications for the week ending October 5 decreased 1.2 percent, as refis dipped. Business Inventories … Continue reading

Posted in Dallas, United States | Comments Off

Whistling Past the Graveyard: U.S. Data Improves as the Headless Horseman Lurks

Our Halloween update features improving U.S. data highlighted by the surprising drop in the unemployment rate to 7.8 percent for September. Overseas, it is looking scary. The Gordian knot of Europe’s many problems continues to defy quick solutions. China scrambles … Continue reading

Posted in Monthly, United States | Comments Off

Comerica Economic Weekly

U.S. economic data at the start of the final quarter of 2012 was generally upbeat. Continue reading

Posted in Economic Activity, United States, Weekly | Tagged | Comments Off

September U.S. Employment

Unemployment Rate Falls to 7.8 Percent in a Jobs Data Disconnect Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off