Yearly Archives: 2013

March Residential Construction, Consumer Prices, Industrial Production

Posted on April 16, 2013 by Luke Pearson

Starts Hit Million Unit Rate, Consumer Prices Dip, Output Boosted by Weather Housing Starts for March increased by 7.0 percent to a 1,036,000 unit annual rate. Permits for new residential construction dipped in March by 3.9 percent to a 902,000 … Continue reading →

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April Consumer Sentiment, March Retail Sales, PPI, Feb. Biz Inventories

Posted on April 12, 2013 by Comerica Economics

Q1 Expected to Show Moderate to Strong Expansion, False Positives, False Negatives   University of Michigan Consumer Sentiment sank in April to 72.3 after three months of gains. March Retail Sales decreased by 0.4 percent as gasoline prices dropped and … Continue reading →

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Posted in Daily, United States | Comments Off

The Inventory Swing and the Fiscal Cliff Increase Odds of Mid‐Year Lull

Posted on April 11, 2013 by Comerica Economics

Real GDP growth for the recently completed first quarter of 2013 appears likely to exceed earlier expectations when the first estimate is released on April 26. Despite the drag from fiscal tightening, real GDP growth is set to register in … Continue reading →

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

Comerica Economic Weekly

Posted on March 29, 2013 by Comerica Economics

U.S. economic data at the close of the first quarter was mixed, consistent with the view that economic momentum continued through the quarter, but conditions remain far from normal in part due to ongoing uncertainty about fiscal tightening and other … Continue reading →

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Posted in United States, Weekly | Comments Off

February Income and Spending

Posted on March 29, 2013 by Comerica Economics

                                     Income Still Distorted by Tax Changes, Spending Solid U.S. Personal Income increased by 1.1 percent in February after declining by 3.7 percent in January. Real Disposable Personal Income gained 0.7 percent after declining by 4.0 percent in January. Real … Continue reading →

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Posted in Daily, United States | Comments Off

Florida Index Bounces Back in January

Posted on March 28, 2013 by Comerica Economics

Comerica Bank’s Florida Economic Activity Index rebounded in January, jumping to a level of 116.5. The January index reading is 36 points, or 45 percent, above the index cyclical low of 80.6. The index averaged 110 in 2012, 11 points … Continue reading →

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Posted in Economic Activity, Florida, Indices | Tagged , , | Comments Off

Arizona Index Climbs in January

Posted on March 28, 2013 by Comerica Economics

Comerica Bank’s Arizona Economic Activity Index climbed in January, rising 1.9 percentage points to a level of 95.2. The January index reading is 24 points, or 34 percent, above the index cyclical low of 71.0. The index averaged 87 points … Continue reading →

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Posted in Arizona, Economic Activity, Indices | Tagged , , | Comments Off

California Index Drops in January

Posted on March 28, 2013 by Comerica Economics

Comerica Bank’s California Economic Activity Index dropped in January, falling 2.2 points to a level of 98.6. January’s reading is 25 points, or 35 percent, above the index cyclical low of 73.2. The index averaged a revised 103 points for … Continue reading →

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Posted in California, Economic Activity, Indices | Tagged , , | Comments Off

Texas Index Dips in January

Posted on March 27, 2013 by Comerica Economics

Comerica Bank’s Texas Economic Activity Index fell slightly in January, declining 0.4 percentage points to a level of 101.1. The January reading is 29 points, or 41 percent, above the index cyclical low of 71.7. The index averaged 98 points … Continue reading →

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Posted in Economic Activity, Indices, Texas | Tagged , , | Comments Off

March Durable Goods and Consumer Confidence, Feb. New Home Sales, Jan. House Prices

Posted on March 26, 2013 by Comerica Economics

 Mixed Data Suggests Ongoing Momentum, but Also Ongoing Uncertainty March New Orders for Durable Goods gained 5.7 percent as aircraft orders rebounded. The Conference Board’s Consumer Confidence Index fell sharply in March to 59.7. New Home Sales for February fell … Continue reading →

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