Daily Archives: February 8, 2013

Comerica Economic Weekly

Posted on February 8, 2013 by Comerica Economics

It was a light week for economic data with nothing to dispel the fog that has settled over the current quarter as  we wait to see how consumers react to fiscal tightening. Strong income growth in December due to tax-avoidance … Continue reading →

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December International Trade, Q4 Productivity, January UI Claims

Posted on February 8, 2013 by Comerica Economics

         Positive December Trade Data Expected to Erase Negative on Q4 GDP The U.S. International Trade gap narrowed more than expected in December to -$38.5 billion. Nonfarm Productivity declined at a 2.0 percent annual rate in Q4 due to nonrepeating … Continue reading →

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