Monthly Archives: November 2016

Comerica Bank’s Arizona Index Steadily Gaining

Comerica Bank’s Arizona Economic Activity Index increased 0.3 percentage points in September to a level of 110.8. September’s index reading is 34 points, or 44 percent, above the index cyclical low of 77.0. The index averaged 106.9 points for all … Continue reading

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Comerica Bank’s California Index Boosted by Tech Sector

Comerica Bank’s California Economic Activity Index increased by 1.6 percentage points in September to a level of 124.3. September’s reading is 40 points, or 48 percent, above the index cyclical low of 84.1. The index averaged 119.8 points for all … Continue reading

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Comerica Bank’s Florida Index Improves

Comerica Bank’s Florida Economic Activity Index increased by 0.9 percentage points in September to a level of 155.1. September’s index reading is 77 points, or 99 percent, above the index cyclical low of 78.1. The index averaged 138.2 in 2015, … Continue reading

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Comerica Bank’s Michigan Index Eases Again

Comerica Bank’s Michigan Economic Activity Index fell in September, down 0.9 percentage points to a level of 128.1. September’s reading is 54 points, or 73 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all … Continue reading

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Comerica Bank’s Texas Index Sees Modest Improvement

Comerica Bank’s Texas Economic Activity Index improved slightly in September, up 0.3 percentage points to a level of 90.6. September’s reading is 18 points, or 24 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for … Continue reading

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Comerica Economic Weekly

U.S. economic data released in mid-November has been generally positive and consistent with growing expectations of a fed funds rate increase on December 14. In her prepared remarks for the congressional Joint Economic Committee, FOMC chair Janet Yellen said today … Continue reading

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October Industrial Production, Producer Prices

Production Stall Continues as Utility Output Falls, Producer Prices Flat Industrial Production for October was unchanged as utility output fell. The Producer Price Index for final demand was also unchanged in October. Industrial production for October was unchanged after dipping … Continue reading

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Florida Economy Gains Momentum Heading into 2017

The Florida economy continues to run hot in the second half of 2016, supported by an acceleration in employment growth in the third quarter. Employment growth for most major Florida metro areas continues to outpace the national average and gains … Continue reading

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Arizona Addresses Poverty and Education

Arizona’s economic rebound in the second half of the year has been more muted than originally thought. Arizona job growth continues to move in the right direction, but recent data has us dialing back our expectations for next year. Construction … Continue reading

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Navigating California Growth into 2017

After a rocky start to 2016, the California economy has picked up momentum in the second half of the year. Stronger job prospects have drawn people into the state labor force at levels not seen in over a decade. California … Continue reading

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