Daily Archives: April 23, 2014

Comerica Bank’s California Index Declines in February

Comerica Bank’s California Economic Activity Index declined in February, down 1.1 percentage points to a level of 109.0. February’s reading is 36 points, or 50 percent, above the index cyclical low of 72.7. The index averaged 106 points for all … Continue reading

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Comerica Bank’s Michigan Index Declines for the Fourth Consecutive Month

Comerica Bank’s Michigan Economic Activity Index dipped in February, falling 2.1 percentage points to a level of 123.4. February’s reading is 51 points, or 71 percent, above the index cyclical low of 72.1. The index averaged 126 for all of … Continue reading

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March New and Existing Home Sales

Spring Home Sales Off to a Slow Start  New Home Sales for March fell sharply by 14.5 percent to an annual rate of just 384,000 units. The Months’ Supply of New Homes on the market increased to 6.0 months’ worth … Continue reading

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Comerica Bank’s Texas Index Dipped Again in February

Comerica Bank’s Texas Economic Activity Index declined 0.4 percentage points in February to a level of 109.7. February’s reading is 38 points, or 53 percent, above the index cyclical low of 71.6. The index averaged 105 points for all of … Continue reading

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