Monthly Archives: August 2015

Comerica Economic Weekly

U.S. economic data from late summer has been largely positive. However, global financial markets have exhibited a high degree of volatility and this creates the potential for an adverse feedback loop back to the U.S. economy. The global stock market … Continue reading

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Comerica Bank’s Texas Index Sees Smallest Decline of 2015

Comerica Bank’s Texas Economic Activity Index eased in June, decreasing 0.6 percentage points to a level of 96.0. June’s reading is 23 points, or 32 percent, above the index cyclical low of 72.9. The index averaged 105.1 points for all … Continue reading

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Comerica Bank’s California Index Sees Third Consecutive Gain

Comerica Bank’s California Economic Activity Index grew in June, increasing 0.4 percentage points to a level of 121.1. June’s reading is 37 points, or 44 percent, above the index cyclical low of 84.0. The index averaged 113.7 points for all … Continue reading

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Comerica Bank’s Arizona Index Back to Decline

Comerica Bank’s Arizona Economic Activity Index declined in June, easing 0.3 percentage points to a level of 106.4. June’s index reading is 30 points, or 38 percent, above the index cyclical low of 76.9. The index averaged 99.7 points for … Continue reading

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Comerica Bank’s Florida Index Boosted by Construction

Comerica Bank’s Florida Economic Activity Index increased again in June, growing 1.6 percentage points to a level of 138.2. June’s index reading is 60 points, or 77 percent, above the index cyclical low of 78.1. The index averaged 117.6 in … Continue reading

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Comerica Bank’s Michigan Index Continues Strong Gains for Third Month

Comerica Bank’s Michigan Economic Activity Index grew in June, increasing 1.9 percentage points to reach a level of 126.8. June’s reading is 53 points, or 71 percent, above the index cyclical low of 74.0. The index averaged 117.4 points for … Continue reading

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From the Desk of Robert Dye

The global stock market sell-off that washed over into U.S. markets today reflects multiple sources of uncertainty. The health of the Chinese economy is of obvious concern. The world’s second largest economy appears to be closer to stalling than the … Continue reading

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Comerica Economic Weekly

Mid-summer data show that the U.S. economy is expanding at a moderate pace, driven by growth in the service sector, sufficient to keep overall job growth on track, and sufficient to keep the Federal Reserve on schedule for an interest … Continue reading

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July U.S. Employment

Payrolls Up 215,000, Looks like “Some” July Payroll Employment increased by 215,000 jobs. May and June payrolls were revised up by 14,000 jobs. The Unemployment Rate for July was unchanged at 5.3 percent. Average Weekly Hours edged up to 34.6 … Continue reading

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