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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
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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
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
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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
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Comerica Economic Weekly
U.S. economic data at the start of the final quarter of 2012 was generally upbeat. Continue reading
September U.S. Employment
Unemployment Rate Falls to 7.8 Percent in a Jobs Data Disconnect Continue reading
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