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Florida Index Bounces Back in January
Comerica Bank’s Florida Economic Activity Index rebounded in January, jumping to a level of 116.5. The January index reading is 36 points, or 45 percent, above the index cyclical low of 80.6. The index averaged 110 in 2012, 11 points … Continue reading
Florida Index Declines in December
Comerica Bank’s Florida Economic Activity Index declined by 1.3 percentage points in December, to a level of 113.2. The December index reading is 33 points, or 40 percent, above the index cyclical low of 80.6. The index averaged 110 in … Continue reading
Florida Index Rises in November
Comerica Bank’s Florida Economic Activity Index rose 1.3 percentage points in November, to a level of 114.0. The November index reading is 33 points, or 41 percent, above the index cyclical low of 80.6. Year-to-date the index has averaged 109, … Continue reading
Florida Economy Gains in October
Comerica Bank’s Florida Economic Activity Index rose 1.1 percentage points in October, to a level of 112.7. The October index reading is 32 points, or 40 percent, above the index cyclical low of 80.6. Year-to-date the index has averaged 109, … Continue reading
Posted in Economic Activity, Florida, Indices
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Miami Real Estate Markets Expected to Firm Up in 2013
After spiking at the end of 2011, Miami payrolls have declined for the last two quarters. Miami job growth is expected to be just 0.6 percent for full-year 2012, well-below the nationally forecast rate of 1.4 percent. Miami’s unemployment rate … Continue reading
Posted in Florida, Miami, Quarterly Briefs, Regional Updates
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Florida Economy Rockets Up in September
Comerica Bank’s Florida Economic Activity Index rose 3.1 percentage points in September, to a level of 111.6. The September index reading is 31 points, or 38 percent, above the index cyclical low of 80.6. Year-to-date the index has averaged 108, … Continue reading
Posted in Economic Activity, Florida, Indices
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Florida Economy Inches Forward in August
Comerica Bank’s Florida Economic Activity Index rose 0.9 percentage points in August, to a level of 108.5 The August index reading is 28 points, or 35 percent, above the index cyclical low of 80.6. Year-to-date the index has averaged 108, … Continue reading
Posted in Economic Activity, Florida, Indices
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Florida Economy Weakens in July
Comerica Bank’s Florida Economic Activity Index declined for the second month, falling 0.6 points in July, to a level of 107.5. The July index reading is 27 points, or 33 percent, above the index cyclical low of 80.6. Year-to-date the … Continue reading
Florida Economy Dips in June
Comerica Bank’s Florida Economic Activity Index fell more than two points in June, dipping 2.2 percent to a level of 108.1. The June index reading is 28 points, or 34 percent, above the index cyclical low of 80.6. Year-to-date the … Continue reading
Posted in Economic Activity, Florida, Indices
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Multifamily Boom, Trade and Tourism Spurring Miami Growth
Following a year-end spike in employment in 2011, Miami payrolls paid back some of their gains, declining by 0.8 percent in the second quarter of 2012. Miami unemployment declined by 0.7 percent between the first and second quarters of 2012, … Continue reading
Posted in Florida, Miami, Quarterly Briefs, Regional Updates
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