Category Archives: General

From the Desk of Robert Dye

Greece, China, Oil and the Fed, One Week Later We used the headline Greece, China, Oil and the Fed last week in our U.S. Economic Update for July.  Now, a week later, the headline remains timely, but conditions are changing. … Continue reading

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Comerica Economic Weekly

It was a light week for U.S. economic data, but a busy week nonetheless as Greece, China, oil prices and the Fed generated numerous headlines. Greece and the European Union appear to be inching toward a deal that will allow … Continue reading

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July 2015, Comerica U.S. Economic Update

Greece is flirting with disaster. The referendum of July 5th, rejecting bailout terms, added no clarity to the path for Greece and the European Union. Last minute final final negotiations could not be more important for the citizens of Greece, … Continue reading

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Comerica Economic Weekly

At the halfway point in 2015 we see reasons to expect solid U.S. economic growth through the second half of the year. U.S. data at the end of the second quarter are encouraging. There is ample evidence of a pickup … Continue reading

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Comerica Bank’s Texas Index Still Slipping on Oil

Comerica Bank’s Texas Economic Activity Index eased again in April, decreasing 2.7 percentage points to a level of 98.5. April’s reading is 26 points, or 36 percent, above the index cyclical low of 72.9. The index averaged 105.1 points for … Continue reading

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Comerica Bank’s California Index Springs Back

Comerica Bank’s California Economic Activity Index improved in April, increasing 0.7 percentage points to a level of 119.7. April’s reading is 36 points, or 43 percent, above the index cyclical low of 84.0. The index averaged 113.7 points for all … Continue reading

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June U.S. Employment, Auto Sales, ISM MF, UI Claims, May Construction Spending

U.S. Gains Momentum through Q2 as Greece Melts Down June Payroll Employment increased by 223,000 jobs. April and May were revised down by 60,000. The Unemployment Rate for June fell to 5.3 percent as the labor force shrank. Average Weekly … Continue reading

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Comerica Bank’s Michigan Index Thaws for Spring

Comerica Bank’s Michigan Economic Activity Index grew in April, increasing 1.9 percentage points to reach a level of 121.6. April’s reading is 48 points, or 64 percent, above the index cyclical low of 74.0. The index averaged 117.4 points for … Continue reading

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Comerica Bank’s Arizona Index Sees First Contraction in a Year

Comerica Bank’s Arizona Economic Activity Index eased in April, decreasing 0.4 percentage points to a level of 106.3. April’s index reading is 29 points, or 38 percent, above the index cyclical low of 76.9. The index averaged 99.7 points for … Continue reading

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Comerica Bank’s Florida Index Continues Strong Gains

Comerica Bank’s Florida Economic Activity Index increased in April, growing 1.7 percentage points to a level of 135.5. April’s index reading is 57 points, or 73 percent, above the index cyclical low of 78.1. The index averaged 117.6 in 2014, … Continue reading

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