Category Archives: General

November U.S. Employment

Positive Jobs Report Sets the Stage for December 14 Rate Hike Payroll Employment increased by 178,000 jobs in November. The Unemployment Rate for November dropped to 4.6 percent. Average Hourly Earnings decreased by 0.1 percent for the month, after a … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on November U.S. Employment

November ISM-MF Index, UI Claims, October Construction Spending

The ISM Manufacturing Index for November increased to 53.2 percent, showing improving conditions. Initial Claims for Unemployment Insurance increased by 17,000, to 268,000 for the week ending Nov. 26. Construction spending increased by 0.5 percent in October. The ISM Manufacturing … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on November ISM-MF Index, UI Claims, October Construction Spending

Comerica Bank’s Arizona Index Steadily Gaining

Comerica Bank’s Arizona Economic Activity Index increased 0.3 percentage points in September to a level of 110.8. September’s index reading is 34 points, or 44 percent, above the index cyclical low of 77.0. The index averaged 106.9 points for all … Continue reading

Posted in Arizona, General, Indices | Tagged , | Comments Off on Comerica Bank’s Arizona Index Steadily Gaining

Comerica Bank’s California Index Boosted by Tech Sector

Comerica Bank’s California Economic Activity Index increased by 1.6 percentage points in September to a level of 124.3. September’s reading is 40 points, or 48 percent, above the index cyclical low of 84.1. The index averaged 119.8 points for all … Continue reading

Posted in California, General, Indices | Tagged , | Comments Off on Comerica Bank’s California Index Boosted by Tech Sector

Comerica Bank’s Florida Index Improves

Comerica Bank’s Florida Economic Activity Index increased by 0.9 percentage points in September to a level of 155.1. September’s index reading is 77 points, or 99 percent, above the index cyclical low of 78.1. The index averaged 138.2 in 2015, … Continue reading

Posted in Florida, General, Indices | Tagged , | Comments Off on Comerica Bank’s Florida Index Improves

Comerica Bank’s Michigan Index Eases Again

Comerica Bank’s Michigan Economic Activity Index fell in September, down 0.9 percentage points to a level of 128.1. September’s reading is 54 points, or 73 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all … Continue reading

Posted in General, Indices, Michigan | Comments Off on Comerica Bank’s Michigan Index Eases Again

Comerica Bank’s Texas Index Sees Modest Improvement

Comerica Bank’s Texas Economic Activity Index improved slightly in September, up 0.3 percentage points to a level of 90.6. September’s reading is 18 points, or 24 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for … Continue reading

Posted in General, Indices, Texas | Tagged , | Comments Off on Comerica Bank’s Texas Index Sees Modest Improvement

Comerica Economic Weekly

U.S. economic data released in mid-November has been generally positive and consistent with growing expectations of a fed funds rate increase on December 14. In her prepared remarks for the congressional Joint Economic Committee, FOMC chair Janet Yellen said today … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

October Industrial Production, Producer Prices

Production Stall Continues as Utility Output Falls, Producer Prices Flat Industrial Production for October was unchanged as utility output fell. The Producer Price Index for final demand was also unchanged in October. Industrial production for October was unchanged after dipping … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on October Industrial Production, Producer Prices

Florida Economy Gains Momentum Heading into 2017

The Florida economy continues to run hot in the second half of 2016, supported by an acceleration in employment growth in the third quarter. Employment growth for most major Florida metro areas continues to outpace the national average and gains … Continue reading

Posted in Florida Outlook, General, State Outlooks | Tagged , | Comments Off on Florida Economy Gains Momentum Heading into 2017