Author Archives: Daniel Sanabria

Comerica Economic Weekly

It was a light week for U.S. data but rumblings from Washington elevated the stock market. President Trump suggested that the framework of his proposed tax overhaul would be made public soon. Also, deregulation was in the news with discussion … Continue reading

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

Positive Start to 2017, But Jobs Data Didn’t Add Up

U.S. economic data at the start of the first quarter is positive and consistent with real GDP growth in the neighborhood of 2.0-2.5 percent. Job growth in January was better than expected as 227,000 net new payroll jobs were added … Continue reading

Posted in General, Monthly, United States | Tagged , | Comments Off on Positive Start to 2017, But Jobs Data Didn’t Add Up

Comerica Economic Weekly

It was a busy week for U.S. economic data, the majority of which was positive and consistent with an ongoing moderate economic expansion through the first quarter of 2017. The big non-news for the week was the Federal Reserve monetary … Continue reading

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

January U.S. Employment, ISM Non-Manufacturing

 Job Growth Better Than Expected but Wage Gains Tepid Payroll Employment increased by 227,000 jobs in January, exceeding expectations. The Unemployment Rate for January ticked up again, to 4.8 percent. Average Hourly Earnings increased by just 0.1 percent for the … Continue reading

Posted in Daily, General, United States | Tagged , | Comments Off on January U.S. Employment, ISM Non-Manufacturing

January ADP Jobs, ISM-MF, Dec. Construction Spending, Nov. Home Prices

Strong Data Suggest Good Start to 2017 for U.S. Economy The January ADP Employment Report showed a strong gain of 246,000 private-sector jobs for the month. The ISM Manufacturing Index for January increased to 56.0, showing improving manufacturing conditions. Construction … Continue reading

Posted in Daily, General, United States | Tagged , | Comments Off on January ADP Jobs, ISM-MF, Dec. Construction Spending, Nov. Home Prices

Comerica Bank’s Arizona Index Ticks Up

Comerica Bank’s Arizona Economic Activity Index increased in November, up 0.7 percentage points to a level of 111.7. November’s index reading is 35 points, or 45 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 Ticks Up

Comerica Bank’s Florida Index Increases for the Third Consecutive Month

Comerica Bank’s Florida Economic Activity Index grew in November, up by 2.4 percentage points to a level of 159.3. November’s index reading is 81 points, or 104 percent, above the index cyclical low of 78.1. The index averaged 138.2 in … Continue reading

Posted in Florida, General, Indices | Tagged , | Comments Off on Comerica Bank’s Florida Index Increases for the Third Consecutive Month

Comerica Bank’s California Index Improves

Comerica Bank’s California Economic Activity Index grew by 0.9 percentage points in November to a level of 126.3. November’s reading is 42 points, or 50 percent, above the index cyclical low of 84.1. The index averaged 119.8 points for all … Continue reading

Posted in California, General, Indices | Tagged , | Comments Off on Comerica Bank’s California Index Improves

Comerica Bank’s Michigan Index Continues Gains

Comerica Bank’s Michigan Economic Activity Index improved in November, up 1.3 percentage points to a level of 129.7. November’s reading is 56 points, or 75 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 Continues Gains

Comerica Bank’s Texas Index Sees Another Month of Gains

Comerica Bank’s Texas Economic Activity Index grew by 0.7 percentage points in November to a level of 91.6. November’s index reading is 19 points, or 26 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 Sees Another Month of Gains