Category Archives: General

Comerica Bank’s Florida Index Continues to Advance in August

Comerica Bank’s Florida Economic Activity Index improved in August, growing 0.7 percentage points to a level of 119.5. August’s index reading is 41 points, or 53 percent, above the index cyclical low of 78.0. The index averaged 109.2 in 2013, … Continue reading

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Comerica Bank’s Arizona Index Improves in August

Comerica Bank’s Arizona Economic Activity Index grew in August, increasing 0.6 percentage points to a level of 99.8. August’s index reading is 23 points, or 30 percent, above the index cyclical low of 76.7. The index averaged 95 points for … Continue reading

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Comerica Bank’s Michigan Index Grew Again in August

Comerica Bank’s Michigan Economic Activity Index grew in August, increasing 0.2 percentage points to a level of 120.4. August’s reading is 47 points, or 63 percent, above the index cyclical low of 73.8. The index averaged 114.2 points for all … Continue reading

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October ISM Manufacturing, September Construction Spending

Strong ISM MF Report Bolsters Case for Solid U.S. Economy, Despite Global Headwinds The ISM Manufacturing Index for October increased to a robust 59.0 percent. October Construction Spending dipped by 0.4 percent, with easing public construction. Let’s not call it … Continue reading

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Comerica Bank’s California Index Advances in August

Comerica Bank’s California Economic Activity Index grew in August, climbing 1.2 percentage points to a level of 114.6. August’s reading is 31 points, or 37 percent, above the index cyclical low of 83.8. The index averaged 106.2 points for all … Continue reading

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Comerica Bank’s Texas Index Advanced in August

Comerica Bank’s Texas Economic Activity Index grew in August, increasing 0.7 percentage points to a level of 106.0. August’s reading is 33 points, or 46 percent, above the index cyclical low of 72.6. The index averaged 100.3 points for all … Continue reading

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Comerica Economic Weekly

October ended with a treat and not a trick. U.S. equity indexes are approaching all time highs at the end of October, reversing a month-long slide that began in mid-September. The rebound in U.S. equity prices and the change in … Continue reading

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2014Q3 GDP, Federal Reserve Policy Announcement, October UI Claims

The End of the World Is Over, Solid Data Trumps Market Jitters Real Gross Domestic Product increased at a 3.5 percent annualized rate in 2014Q3. The Federal Reserve ends balance sheet expansion, another step in the pivot. Initial Claims for … Continue reading

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Comerica Economic Weekly

Financial markets had a calmer week this week, following the equity market swoon into mid-October. Equity prices trended higher and bond yields followed, though the yield on 10-Year Treasury bonds is still quite low at 2.24 percent as of Friday … Continue reading

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September Consumer Prices, Existing Home Sales

Inflation Low as Oil Prices Fall, Home Sales Best in a Year The September Consumer Price Index increased by 0.1 percent, boosted by food prices. The September Core CPI also gained 0.1 percent, and was up 1.7 percent over the … Continue reading

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