Author Archives: Daniel Sanabria

Comerica Bank’s Florida Index Climbs in June

Comerica Bank’s Florida Economic Activity Index improved in June, increasing 3.0 percentage points to a level of 119.3. June’s index reading is 39 points, or 48 percent, above the index cyclical low of 80.4. The index averaged 114 in 2013, … Continue reading

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Comerica Bank’s Arizona Index Shows Modest Growth in June

Comerica Bank’s Arizona Economic Activity Index grew in June, up 0.2 percentage points to a level of 110.3. June’s index reading is 39 points, or 55 percent, above the index cyclical low of 71.2. The index averaged 97 points for … Continue reading

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Comerica Bank’s California Index Improves in June

Comerica Bank’s California Economic Activity Index grew in June, advancing 0.4 percentage points to a level of 113.3. June’s reading is 41 points, or 56 percent, above the index cyclical low of 72.6. The index averaged 106 points for all … Continue reading

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Comerica Bank’s Texas Index Up for the Third Consecutive Month

Comerica Bank’s Texas Economic Activity Index grew 1.1 percentage points in June to a level of 111.9. June’s reading is 40 points, or 56 percent, above the index cyclical low of 71.7. The index averaged 105 points for all of … Continue reading

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Comerica Bank’s Michigan Index Improves Again in June

Comerica Bank’s Michigan Economic Activity Index increased in June, climbing 3.7 percentage points to a level of 127.8. June’s reading is 56 points, or 78 percent, above the index cyclical low of 71.9. The index averaged 125 points for all … Continue reading

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Comerica Economic Weekly

U.S. economic data at mid-August was favorable. July housing starts increased by a stronger-than-expected 15.7 percent. Existing home sales for July gained 2.4 percent, to a 5.15 million unit annual rate. The Leading Economic Index increased by 0.9 percent in … Continue reading

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Phoenix Economy Shows Signs of Moderate Growth in 2014

Phoenix year-over-year employment growth is slowing down. Area employment grew 2.8 percent in 2013, but is expected to increase by only 1.8 percent this year. The outlook for Phoenix area employment remains positive heading into 2015 as the effects of … Continue reading

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Miami Economy Continues to Strengthen

The Miami MSA labor market kept trucking along, building momentum in the first half of 2014. Miami added around 40,000 payroll jobs in the first two quarters of this year. We expect area employment to continue improving for the remainder … Continue reading

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San Antonio Maintains Strong Growth

San Antonio’s economic growth remains strong in the aftermath of booming Eagle Ford Shale drilling activity. According to EOG Resources Inc., the estimated Eagle Ford oil reserve potential increased by 250 percent since the discovery in 2010 (including a recent … Continue reading

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North Texas Still Hot, Still Cool, Too

Job growth continues to be very strong in North Texas. Over the year ending in July, payroll employment in the Dallas-Fort Worth-Arlington metro area increased by 3.5 percent, widening the gap with the U.S. average at 1.8 percent. This robust … Continue reading

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