Author Archives: Daniel Sanabria

Comerica Economic Weekly

U.S. economic data for the week was positive and consistent with an ongoing moderate economic expansion through the fourth quarter of 2016. The biggest surprise of the week came from the National Federation of Independent Business. Their Small Business Confidence … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

December Retail Sales and Producer Prices

Cars and Gasoline December Retail Sales increased by 0.6 percent, boosted by auto sales and gasoline prices. Retail Sales Ex-Autos increased by 0.2 percent in December. The Producer Price Index for Final Demand gained 0.3 percent in December, on higher … Continue reading

Posted in Daily, General, United States | Tagged , , , | Comments Off on December Retail Sales and Producer Prices

January 2017, Comerica Economic Outlook

Global Reflation and the Trump Swerve Commodity prices accelerated in the early 2000’s, encouraging the development of new supply and feeding capital investment globally. Very high commodity prices and the global financial market crisis led to significant demand destruction through … Continue reading

Posted in General, Monthly, United States | Tagged , | Comments Off on January 2017, Comerica Economic Outlook

Comerica Economic Weekly

U.S. economic data for the week was generally positive and consistent with an ongoing moderate economic expansion through the fourth quarter of 2016. A middling 156,000 net new jobs were added to the U.S. economy in December. Over 2016, an … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

December U.S. Employment

Middling Jobs Report Leaves Fed Expectations Unchanged Payroll Employment increased by 156,000 jobs in December, a little below expectations. The Unemployment Rate for December increased inconsequentially to 4.7 percent. Average Hourly Earnings jumped by 0.4 percent for the month, after … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on December U.S. Employment

December ADP Jobs, ISM-Non MF, UI Claims, Auto Sales

Positive Data at Year-End Shows Momentum Heading into 2017. The Curse of Q1? The December ADP Employment Report showed a gain of 153,000 private-sector jobs for the month. The ISM Non-Manufacturing Index for December was unchanged at 57.2, showing ongoing … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on December ADP Jobs, ISM-Non MF, UI Claims, Auto Sales

Comerica Bank’s Arizona Index Continues to Improve

Comerica Bank’s Arizona Economic Activity Index was up 0.2 percentage points in October to a level of 111.0. October’s index reading is 34 points, or 44 percent, above the index cyclical low of 77.0. The index averaged 106.9 points for … Continue reading

Posted in Arizona, General, Indices | Tagged , | Comments Off on Comerica Bank’s Arizona Index Continues to Improve

Comerica Bank’s Florida Index Climbs

Comerica Bank’s Florida Economic Activity Index increased by 1.9 percentage points in October to a level of 157.0. October’s index reading is 79 points, or 101 percent, above the index cyclical low of 78.1. The index averaged 138.2 in 2015, … Continue reading

Posted in Florida, General, Indices | Tagged , | Comments Off on Comerica Bank’s Florida Index Climbs

Comerica Bank’s Texas Index Improves for Second Consecutive Month

Comerica Bank’s Texas Economic Activity Index advanced by 0.4 percentage points in October to a level of 91.0. October’s index reading is 18 points, or 25 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for … Continue reading

Posted in General, Indices, Texas | Tagged , | Comments Off on Comerica Bank’s Texas Index Improves for Second Consecutive Month

Comerica Bank’s Michigan Index Ticks Up

Comerica Bank’s Michigan Economic Activity Index grew in October, up 1.0 percentage point to a level of 128.4. October’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

Posted in General, Indices, Michigan | Tagged , | Comments Off on Comerica Bank’s Michigan Index Ticks Up