Category Archives: General

Comerica Bank’s California Index Grows Again in September

Comerica Bank’s California Economic Activity Index grew in September, climbing 0.7 percentage points to a level of 115.3. September’s reading is 32 points, or 38 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 Michigan Index Improved in September

Comerica Bank’s Michigan Economic Activity Index grew in September, increasing 0.1 percentage points to a level of 120.5. September’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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Comerica Bank’s Texas Index Improved in September

Comerica Bank’s Texas Economic Activity Index grew in September, increasing 1.2 percentage points to a level of 107.2. September’s reading is 35 points, or 48 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

There are many moving parts in the economic story this week. We can begin and end with central bank policy. China is responding to expectations for cooler growth. It looks like they may miss 7.5 percent real GDP growth target … Continue reading

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October Consumer Prices, Existing Home Sales, Leading Indicators, November UI Claims

Low Oil Prices Dampen Consumer Inflation, Indicators Cruising into Q4 The October Consumer Price Index was unchanged as lower energy prices were met by higher air fares. The October Core CPI gained 0.2 percent, and was up 1.8 percent over … Continue reading

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October Residential Construction, Producer Prices

Home Construction Still Range Bound, but Builder Sentiment Improves October Housing Starts decreased by 2.8 percent to a 1,009,000 unit annual rate. Permits for new residential construction increased in October by 4.8 percent to a 1,080,000 unit pace. The Producer … Continue reading

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October Industrial Production, Empire State Survey

Production Eases on Utilities and Mining Industrial Production for October eased by 0.1 percent as utility and mining output dropped. The Empire State Manufacturing Survey increased in November to 10.2. Total industrial production for October eased by 0.1 percent despite … Continue reading

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Comerica Economic Weekly

It was a fairly light week for U.S. economic data. In this week’s data we begin to see some of the positive impact to consumers of lower gasoline prices. According to AAA, today’s national average price for a gallon of … Continue reading

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November 2014, Comerica U.S. Economic Update

Economic Data Soothes After October Financial Market Jitters After significant financial market volatility in October, business conditions appear to be improving. Financial markets have stabilized, with equity indexes reaching new highs by mid-November. Economic indicators remain strong with Q3 real … Continue reading

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Comerica Economic Weekly

U.S. economic data released in the first week of November was generally positive and consistent with an ongoing GDP expansion. Payroll employment for October increased by 214,000, a little below expectations of about 230,000, but still a good number. August … Continue reading

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