Daily Archives: September 9, 2013

Southern California Economy Improves Yet Faces Sequester Uncertainties

Southern California labor markets are underperforming the national average. Payroll employment growth dropped to 1.5 percent from a year ago in Q2, slightly below the national average of 1.6 percent. July payroll employments in the 3 metropolitan areas that comprise … Continue reading

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Posted in Regional Updates, Southern California | Comments Off

Northern California Growth Eased in 2013H1

The Northern California economy remains vibrant, fueled by Silicon Valley and rapidly tightening real estate markets. However, payroll employment growth cooled in in the first half of 2013.  Year-over-year payroll job growth was very strong at 3.6 percent in 2012Q4. … Continue reading

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Comerica Bank’s Florida Index Unchanged in June

Comerica Bank’s Florida Economic Activity Index remained stable in June, at a level of 120.0. June’s index reading is 39 points, or 49 percent, above the index cyclical low of 80.6. The index averaged 105 in 2012, 10 points above … Continue reading

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Comerica Bank’s Arizona Index Up in June

Comerica Bank’s Arizona Economic Activity Index showed a small improvement in June, rising 0.1 percentage points to a level of 96.6. June’s index reading is 25.3 points, or 35 percent, above the index cyclical low of 71.3. The index averaged … Continue reading

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