Category Archives: Arizona

Comerica Bank’s Arizona Index Up in May

Comerica Bank’s Arizona Economic Activity Index steadily increased in May, rising 1.5 percentage points to a level of 96.5. The May index reading is 25.2 points, or 35 percent, above the index cyclical low of 71.3. The index averaged 87.2 … Continue reading

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Comerica Bank’s Arizona Index Up in April

Comerica Bank’s Arizona Economic Activity Index climbed slightly in April, rising 0.2 percentage points to a level of 95.0. The April index reading is 23.7 points, or 33 percent, above the index cyclical low of 71.3. The index averaged 87.2 … Continue reading

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Arizona Index Climbs in January

Comerica Bank’s Arizona Economic Activity Index climbed in January, rising 1.9 percentage points to a level of 95.2. The January index reading is 24 points, or 34 percent, above the index cyclical low of 71.0. The index averaged 87 points … Continue reading

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Arizona Index Ratchets Up in December

Comerica Bank’s Arizona Economic Activity Index ratcheted up in December, rising 3.4 percentage points to a level of 93.3. The December index reading is 22 points, or 31 percent, above the index cyclical low of 71.0. The index averaged 87 … Continue reading

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Arizona Economy Expands in November

Comerica Bank’s Arizona Economic Activity Index rose by 0.4 percentage points in November, rising to a level of 89.9. The October index reading is 19 points, or 27 percent, above the index cyclical low of 71.0. Year-to-date the index has … Continue reading

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Arizona Economy Grows in October

Comerica Bank’s Arizona Economic Activity Index increased by 1.6 percentage points in October, rising to a level of 89.5. The October index reading is 19 points, or 26 percent, above the index cyclical low of 71.0. Year-to-date the index has … Continue reading

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Phoenix Recovery Advances, but Downside Risks Lurk

Improvement in Phoenix’s unemployment rate stalled in the third quarter, at a flat 7.2 percent. Although stationary, Phoenix unemployment is 0.9 percent below the national rate for Q3. Payroll job growth in Phoenix continues to outpace that of the nation, … Continue reading

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Arizona Economy Expands in September

Comerica Bank’s Arizona Economic Activity Index increased by 0.9 percentage points in September, rising to a level of 87.7. The September index reading is 17 points, or 24 percent, above the index cyclical low of 71.0. Year-to-date the index has … Continue reading

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Arizona Economy Grows in August

Comerica Bank’s Arizona Economic Activity Index increased by 0.5 percentage points in August, rising to a level of 86.8. The August index reading is 16 points, or 22 percent, above the index cyclical low of 71.0. Year-to-date the index has … Continue reading

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Arizona Economy Expands in July

Comerica Bank’s Arizona Economic Activity Index increased by 0.5 percentage points in July, rising to a level of 86.8.  The July index reading is 16 points, or 22 percent, above the index cyclical low of 71.0.  Year-to-date the index has … Continue reading

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