Category Archives: Weekly

Comerica Economic Weekly

It was a light week for U.S. data but rumblings from Washington elevated the stock market. President Trump suggested that the framework of his proposed tax overhaul would be made public soon. Also, deregulation was in the news with discussion … Continue reading

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Comerica Economic Weekly

It was a busy week for U.S. economic data, the majority of which was positive and consistent with an ongoing moderate economic expansion through the first quarter of 2017. The big non-news for the week was the Federal Reserve monetary … Continue reading

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Comerica Economic Weekly

U.S. economic data released over the last week of January was generally positive, although 2016Q4 real GDP growth was weaker than expected. International data was also supportive. The first estimate of 2016Q4 real GDP growth came in at 1.9 percent … Continue reading

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Comerica Economic Weekly

It was a short week bookended by the Martin Luther King Day holiday and the inauguration of President Trump and Vice President Pence, but there was a good amount of data released, most of which was positive. Housing starts for … Continue reading

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Comerica Economic Weekly

U.S. economic data for the week was positive and consistent with an ongoing moderate economic expansion through the fourth quarter of 2016. The biggest surprise of the week came from the National Federation of Independent Business. Their Small Business Confidence … Continue reading

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Comerica Economic Weekly

U.S. economic data for the week was generally positive and consistent with an ongoing moderate economic expansion through the fourth quarter of 2016. A middling 156,000 net new jobs were added to the U.S. economy in December. Over 2016, an … Continue reading

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Comerica Economic Weekly

U.S. economic data for the week was mixed. Most data was positive and consistent with near-3 percent real GDP growth for the fourth quarter. However, two data points for November were worse than expected, retail sales and housing starts. It … Continue reading

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Comerica Economic Weekly

It was a lighter week for U.S. data, but there was an important monetary policy announcement from the European Central Bank, and U.S. trade data has implications for fourth quarter GDP.  The European Central Bank left its key policy interest … Continue reading

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Comerica Economic Weekly

Since we had the holiday week last week, we will cover two weeks’ worth of U.S. economic data, which has been generally favorable. Expectations for the official payroll job numbers for November were boosted by a stronger-than-expected ADP Employment Report, … Continue reading

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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

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