Monthly Archives: May 2016

April Income and Spending, March House Prices:

Consumer Spending Adds to Fed Rate Hike Expectations U.S. Personal Income increased by 0.4 percent in April. After inflation and taxes, Real Disposable Income gained 0.2 percent for the month. Nominal Consumer Spending increased by a strong 1.0 percent in … Continue reading

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Comerica Economic Weekly

We had several U.S. economic data points released this week, but the big news came from a source that is often just background information: the minutes of the Federal Open Market Committee. In the minutes of the FOMC meeting of … Continue reading

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Houston’s Energy Downdraft Persists Even with Firmer Oil Prices

The Texas economy generally, and Houston’s in particular, are feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment … Continue reading

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Austin Leads Texas Economy

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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San Antonio’s Economy Resilient Amid Energy Concern

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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North Texas Showing East/West Split

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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Phoenix Poised for Steady Economic Growth

Arizona’s favorable business environment coupled with an affordable real estate market continues to attract businesses from around the globe. Caterpillar Inc. recently announced its plan to establish a new surface mining and technology office in Tucson. The project is expected … Continue reading

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Stress from Abroad Causes Miami to Look Inward

Strong Florida job growth is attracting new residents from across the country. Florida added over 350,000 residents in 2015. The state’s Governor, Rick Scott, is making headlines for his courting of companies from across the country, and even universities, to … Continue reading

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San Francisco MSA Economy Withstands Market Volatility

Current California economic activity measures are showing signs of a two-handed economy. On the one hand, overall job growth in non-manufacturing sectors continues to be a fundamental positive for the state’s economy. However, the state’s manufacturing sector is feeling the … Continue reading

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San Jose MSA Driving the Latest Generation of Technology

Current California economic activity measures are showing signs of a two-handed economy. On the one hand, overall job growth in non-manufacturing sectors continues to be a fundamental positive for the state’s economy. However, the state’s manufacturing sector is feeling the … Continue reading

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