Category Archives: California

California Index Up in February

Comerica Bank’s California Economic Activity Index climbed in February, gaining 3.3 points to a level of 104.1. February’s reading is 31 points, or 43 percent, above the index cyclical low of 72.7. The index averaged a revised 101 points for … Continue reading

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California Index Drops in January

Comerica Bank’s California Economic Activity Index dropped in January, falling 2.2 points to a level of 98.6. January’s reading is 25 points, or 35 percent, above the index cyclical low of 73.2. The index averaged a revised 103 points for … Continue reading

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California Index Slumps in December

Comerica Bank’s California Economic Activity Index slumped in December, declining 1.7 points to a level of 100.7. December’s reading is 28 points, or 38 percent, above the index cyclical low of 73.2. The index averaged 102 points for all of … Continue reading

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California Index Declines in November

Comerica Bank’s California Economic Activity Index fell 1.3 percentage points in November, declining to a level of 102.4. November’s reading is 29 points, or 40 percent, above the index cyclical low of 73.2. The index has averaged 103 points the … Continue reading

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California Economy Edges Down in October

Comerica Bank’s California Economic Activity Index declined 0.5 percentage points in October, falling to a level of 103.7. October’s reading is 31 points, or 42 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged 103, four … Continue reading

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Southern California Improving, But Still Lagging

The Southern California economy is showing signs of improving, as payroll jobs increase and housing markets slowly heal. We emphasize the slowly in the previous sentence because the region remains plagued by high but improving foreclosure rates, especially in inland … Continue reading

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Northern California Finishes 2012 with Momentum

Job growth in the San Francisco and San Jose metro areas remains strong, driven by a robust high tech sector and a recovering housing market. On a year-to-year basis payroll employment in the San Francisco metro area was up 2.7 … Continue reading

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California Economy Declines in September

Comerica Bank’s California Economic Activity Index dipped 0.5 percentage points in September, declining to a level of 104.2. September’s reading is 31 points, or 42 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged 102, three … Continue reading

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California Economy Dips in August

Comerica Bank’s California Economic Activity Index dipped 0.5 percentage points in August, declining to a level of 104.7. August’s reading is 32 points, or 43 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged 102, three … Continue reading

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California Economy Grows in July

Comerica Bank’s California Economic Activity Index rose nearly two points in July, increasing by 1.8 points, to a level of 105.2. July’s reading is 32 points, or 44 percent, above the index cyclical low of 73.2. Year-to-date the index has … Continue reading

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