Monthly Archives: June 2014

June 2014, Comerica U.S. Economic Update

Q2 GDP Rebound Is in Gear, Green Light for 2014H2 The confluence of events that added up to –1.0 percent real GDP growth in 2014Q1 will not be repeated. The weather has normalized. After a sizeable inventory correction in Q1, … Continue reading

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Comerica Economic Weekly

Solid U.S. economic data this week adds to our confidence that Q2 GDP growth will rebound from the weak first quarter. May payroll job growth came in slightly-better-than expected at +217,000. The May jobs numbers are a double shot-in-the-arm for … Continue reading

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May U.S. Employment

U.S. Payroll Employment Reaches New All-Time High, May U. Rate Steady at 6.3 Percent The May Payroll Employment Survey showed a gain of 217,000 jobs. April was revised down slightly. The Unemployment Rate for May was unchanged at 6.3 percent. … Continue reading

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May ADP Employment, ISM Surveys, Auto Sales, April International Trade

Mixed Bag of Data Mostly Positive, Consistent With Ongoing Moderate Expansion The ADP Employment Report for May showed a moderate increase of 179,000 private-sector jobs. The ISM Manufacturing Index for May improved to 55.4 percent, indicative of healthy conditions. The … Continue reading

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