Category Archives: General

Comerica Bank’s Texas Index Slips on Oil

Comerica Bank’s Texas Economic Activity Index fell in November, decreasing 0.6 percentage points to a level of 94.1. November’s reading is 21 points, or 29 percent, above the index cyclical low of 72.8. The index averaged 105.2 points for all … Continue reading

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Comerica Bank’s Michigan Index Sees Biggest Boost in Four Months

Comerica Bank’s Michigan Economic Activity Index improved in November, increasing 0.6 percentage points to a level of 127.9. November’s reading is 54 points, or 73 percent, above the index cyclical low of 74.1. The index averaged 117.4 points for all … Continue reading

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Comerica Bank’s Florida Index Drives Ahead

Comerica Bank’s Florida Economic Activity Index grew in November, increasing 3.6 percentage points to a level of 145.8. November’s index reading is 68 points, or 87 percent, above the index cyclical low of 78.1. The index averaged 117.6 in 2014, … Continue reading

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Comerica Bank’s Arizona Index Gains Momentum

Comerica Bank’s Arizona Economic Activity Index grew in November, increasing 0.9 percentage points to a level of 108.5. November’s index reading is 32 points, or 41 percent, above the index cyclical low of 77.0. The index averaged 99.7 points for … Continue reading

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Comerica Economic Weekly

Global equity markets rallied today after European Central Bank President Mario Draghi strongly hinted that the ECB would ramp up its asset purchase program as early as March. Draghi said yesterday that “there are no limits to how far we … Continue reading

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Comerica Economic Weekly

The U.S. economic data stream so far in January has been rocky with the notable exception of the strong December jobs report. Today we see big losses in U.S. equity markets and oil prices below $30 per barrel. The Federal … Continue reading

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From the Desk of Robert Dye

Slushy Data Will Freeze the Fed this Winter Recent financial market volatility plus another leg down in oil prices, to near $30 per barrel for WTI, will make for an interesting discussion at the upcoming Federal Open Market Committee meeting … Continue reading

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January 2016, Comerica U.S. Economic Update

We begin 2016 with expectations of ongoing moderate growth for the U.S. economy. Real GDP growth steps down from 2.4 percent in 2015, to about 2.1 percent for all of 2016. Strong job growth, low gasoline prices, easier mortgage credit, … Continue reading

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Comerica Economic Weekly

Economic data from the first week of 2016 was mixed, but ended on a high note with a very strong jobs report for December. China dominated financial market news as weak manufacturing data there contributed to a selloff in Chinese … Continue reading

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December U.S. Employment

Robust Job Gains in 2015Q4 Support Ongoing Expansion December Payroll Employment increased by a strong 292,000 jobs, well above consensus expectations. Already good October and November payroll levels were revised up by a total of 50,000 jobs. The Unemployment Rate … Continue reading

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