Category Archives: General

Houston Works to Keep Up With Itself

Houston continues to expand at a strong rate. For the year ending in June, payroll employment was up by 3.2 percent, or slightly more than 90,000 jobs. Still, it is fair to say that the Houston-The Woodlands-Sugar Land metropolitan area … Continue reading

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Austin’s Economy Remains Strong

Year-over-year job growth in Austin remains well above the national average after peaking in June 2013. Payroll jobs grew by 12,600 in the first half of 2014 compared to 18,100 in the same period last year. Despite the softer job … Continue reading

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Detroit Adds Jobs in Q2

It sounds like faint praise, but for the Detroit metro any net job growth is good news. Payroll employment ticked up in May and June after stagnating in the second half of 2013, and declining in early 2014. Despite the … Continue reading

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Central West Michigan’s Economy Continues to Improve

The Central West Michigan (CWM) region, home to auto, manufacturing, and office furniture industries, grew better than expected, especially in the second quarter of 2014. Payroll jobs were up by 2.7 percent year-over-year, adding a net of 12,000 jobs in … Continue reading

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Southern California Maintains Moderate Momentum

Southern California labor markets look positive this year. While gains in regional employment have moderated from the robust growth seen in early 2013, employment growth has remained steadily above the U.S. average in 2014. Area employment is expected to grow … Continue reading

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The Pluses and Minuses of Improving Northern California Home Prices

Recent Northern California housing market activity has its positives and negatives. For those owning a home prior to the housing crash, increasing home prices and the ability to refinance at lower rates have helped many reclaim most of the lost … Continue reading

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July Existing Home Sales, Leading Indicators, August UI Claims

Coincident Data Good, Leading Indicators Better Existing Home Sales for July increased by 2.4 percent, to an annual rate of 5.15 million units. The Conference Board’s Leading Economic Index jumped by 0.9 percent in July. Initial Claims for Unemployment Insurance … Continue reading

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July Residential Construction, Consumer Prices

Construction Revved Up, Prices Tame July Housing Starts were up significantly, by 15.7 percent to a 1,093,000 unit annual rate. Permits for new residential construction increased in July by 8.1 percent to a 1,052,000 unit pace. The Consumer Price Index … Continue reading

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Comerica Economic Weekly

As we go to press financial markets are responding to an escalation in the Ukraine/Russia conflict. Indeed, financial markets have been buffeted recently by heightened geopolitical tensions in Eastern Europe and in the Middle East. U.S. economic data for the … Continue reading

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July Retail Sales, NFIB, June JOLTS

Shoppers Feeling Good, Went on Vacation in July, Sales Soft  Retail Sales for July disappointed, unchanged from June, providing a soft start to Q3 consumer spending. Ex-auto Retail Sales gained just 0.1 percent, pushed by clothing, personal care and food/beverages. … Continue reading

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