Category Archives: Michigan

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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Central West Michigan Benefits from Manufacturing Boost

Central West Michigan’s unemployment rate of 6.9 percent in February is well-below the February state-wide rate of 8.8 percent, as well as the March national rate of 8.1 percent.  And while Ann Arbor maintains the lowest unemployment rate of the … Continue reading

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Michigan Index Spikes in February

Comerica Bank’s Michigan Economic Activity Index increased by four points in February, spiking to a level of 102.  The February index level is 42 points, or 70 percent, above the index cyclical low of 60. February marks the highest index … Continue reading

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Michigan Index Jumps in January

Comerica Bank’s Michigan Economic Activity Index rose seven points in January, up to a level of 98.  The January index level is 38 points, or 63 percent, above the index cyclical low of 60. January marks the highest index reading … Continue reading

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Michigan Economy Improves in December

Comerica Bank’s Michigan Economic Activity Index rose two points in December, up to a level of 91.  The December index level is 31 points, or 52 percent, above the index cyclical low of 60. The index averaged 91 points in … Continue reading

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Michigan Index Unchanged in November

Comerica Bank’s Michigan Economic Activity Index was flat in November, unchanged at a level of 88.  The November index level is 17 points, or 24 percent, above the index cyclical low of 71.  Year-to-date the index has averaged 87 points, … Continue reading

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Central West Michigan Is Feeling Some Lift

Central West Michigan’s unemployment rate of 8.2 percent in 3Q2011 was well below Michigan’s overall rate of 9.8 percent as of November and the national rate of 8.6 for that month.  This does mask some intra-regional differences, though, as the … Continue reading

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Detroit Is Finding Stability but Long-Term Issues Remain

The Detroit metro area economy is stabilizing with the help of increasing auto sales and an upsurge in auto production. U.S. auto sales at a 13.5 million unit pace in December have lifted off the 9.2 million unit floor hit … Continue reading

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