Category Archives: Michigan

Michigan Economic Index Drifts Lower in September

Comerica Bank’s Michigan Economic Activity Index declined in September, dropping 3.3 points, to a level of 103.3. The September index reading is 43 points, or 72 percent, above the index cyclical low of 59.9. The index has averaged 104 points … Continue reading

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Michigan Economic Index Dips in August

Comerica Bank’s Michigan Economic Activity Index dipped in August, declining 1.2 points, to a level of 106.6. The August index reading is 47 points, or 78 percent, above the index cyclical low of 59.9. The index has averaged 104 points … Continue reading

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Michigan Economy Picks Up Speed in July

Comerica Bank’s Michigan Economic Activity Index surged ahead by 2.0 points in July, rising to a level of 107.9. The July index reading is 48 points, or 88 percent, above the index cyclical low of 59.9. The index has averaged … Continue reading

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Michigan Economy Accelerates in June

Comerica Bank’s Michigan Economic Activity Index jumped 2.0 points in June, spiking to a level of 105.9. The June index reading is 46 points, or 77 percent, above the index cyclical low of 59.9. The index has averaged 102 points … Continue reading

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Auto Industry Stability Buffers Detroit

The Detroit metro area economy has benefitted from a stabilized domestic auto industry, propped up by the post-recession rebound in U.S. auto sales.  Auto sales have increased from a low annual rate of just 9.0 million units in February 2009 … Continue reading

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Central West Michigan Boosted by Auto Production

Central West Michigan’s unemployment rate fell to 6.5 percent for the second quarter of 2012, considerably below the June state-wide rate of 8.6 percent, as well as the July national rate of 8.3 percent.  Although Ann Arbor maintains the lowest … Continue reading

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Michigan Economy Grows in May

Comerica Bank’s Michigan Economic Activity Index jumped 1.9 points in May, to a level of 103.9. The May index reading is 44 points, or 73 percent, above the index cyclical low of 59.9. The index has averaged 102 points in … Continue reading

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Michigan Index Declines in April

Comerica Bank’s Michigan Economic Activity Index declined in April, falling 0.9 points to a level of 102.0. The April index reading is 43 points, or 72 percent, above the index cyclical low of 59.9. The index has averaged 101 points … Continue reading

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Michigan Index Dips Slightly in March

Comerica Bank’s Michigan Economic Activity Index dipped slightly in March, declining half of a percentage point to 101.7. The March index reading is 42 points, or 70 percent, above the index cyclical low of 59.9. The index averaged 101 points … Continue reading

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Detroit Finds Breathing Room but Faces Challenges

The Detroit metro area economy is stabilizing with the help of increasing auto sales and an upsurge in auto production. U.S. auto sales were at a 14.3 million unit pace in March and are expected to continue to climb through … Continue reading

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