Category Archives: Weekly

Comerica Economic Weekly

It was a fairly light week for data, but a heavy week for Fed-watching as the Federal Reserve Bank of Kansas City hosted their annual retreat in Jackson Hole, Wyoming, yesterday and today. This morning, Janet Yellen delivered a speech   … Continue reading

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Comerica Economic Weekly

Lower energy prices kept consumer inflation at bay in July as the Consumer Price Index was unchanged. Core CPI (all items less food and energy) increased by 0.1 percent in July, the weakest increase since March. Over the year ending … Continue reading

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Comerica Economic Weekly

U.S. data released this week were mixed on Q3 economic growth. Labor market indicators remain positive this summer. The Job Openings and Labor Turnover report released by the Bureau of Labor Statistics showed that both the job openings rate and … Continue reading

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Comerica Economic Weekly

It was a good week for U.S. economic data, showing ongoing support for consumer spending and better manufacturing conditions than we anticipated. July data suggests that the third quarter got off to a good start, despite weaker-than-expected real GDP growth … Continue reading

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Comerica Economic Weekly

As we get a more complete read on the second quarter, a complex picture emerges. On one hand, we see a stronger consumer sector, but a consumer sector whose appetite for new cars may be sated. Low energy prices are … Continue reading

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Comerica Economic Weekly

U.S. economic data released this week was generally positive and consistent with an ongoing moderate GDP expansion in the third quarter. The Conference Board’s Leading Economic Index for June increased by 0.3 percent, consistent with our expectations of an ongoing … Continue reading

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Comerica Economic Weekly

U.S. data released this week was mostly positive, adding to expectations for a rebound in real GDP growth for the second quarter. Q2 GDP data will be released on July 29. Good economic data combined with the rally in U.S. … Continue reading

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Comerica Economic Weekly

This week we saw that the historic BREXIT was not the end of the world. But it was a wakeup call for global financial markets that were surprisingly complacent heading into the vote, and were surprised by the outcome. Given … Continue reading

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Comerica Economic Weekly

U.S. data released this week were consistent with an economy that has warmed up a bit after a chilly Q1. Retail sales beat expectations for the second month, increasing in May by 0.5 percent. Already strong April retail sales growth … Continue reading

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Comerica Economic Weekly

Economists are still trying to digest the big miss in the May payroll data, when only 38,000 payroll jobs were added for the month. It was a light week for data, but three data releases from this week add to … Continue reading

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