Category Archives: General

Comerica Bank’s California Index Up Slightly

Comerica Bank’s California Economic Activity Index was slightly up in March to a level of 119.8. March’s reading is 36 points, or 42 percent, above the index cyclical low of 84.1. The index averaged 119.8 points for all of 2015, … Continue reading

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Comerica Bank’s Michigan Index Flattens as Auto Production Stabilizes

Comerica Bank’s Michigan Economic Activity Index declined in March, down 0.7 percentage points to a level of 127.2. March’s reading is 53 points, or 72 percent, above the index cyclical low of 74.0. The index averaged 124.3 points for all … Continue reading

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Comerica Bank’s Texas Index Shows Slower Rate of Decline

Comerica Bank’s Texas Economic Activity Index declined slightly in March, down 0.2 percentage points to a level of 91.9. March’s reading is 19 points, or 26 percent, above the index cyclical low of 72.8. The index averaged 97.7 points for … Continue reading

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April Income and Spending, March House Prices:

Consumer Spending Adds to Fed Rate Hike Expectations U.S. Personal Income increased by 0.4 percent in April. After inflation and taxes, Real Disposable Income gained 0.2 percent for the month. Nominal Consumer Spending increased by a strong 1.0 percent in … Continue reading

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Comerica Economic Weekly

We had several U.S. economic data points released this week, but the big news came from a source that is often just background information: the minutes of the Federal Open Market Committee. In the minutes of the FOMC meeting of … Continue reading

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Houston’s Energy Downdraft Persists Even with Firmer Oil Prices

The Texas economy generally, and Houston’s in particular, are feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment … Continue reading

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Austin Leads Texas Economy

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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San Antonio’s Economy Resilient Amid Energy Concern

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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North Texas Showing East/West Split

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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Phoenix Poised for Steady Economic Growth

Arizona’s favorable business environment coupled with an affordable real estate market continues to attract businesses from around the globe. Caterpillar Inc. recently announced its plan to establish a new surface mining and technology office in Tucson. The project is expected … Continue reading

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