Category Archives: Weekly

Comerica Economic Weekly

U.S. data from the second week of March were disharmonious with the strong February employment data of the week before. Weather, oil prices, the strong dollar, the roll out of the Affordable Care Act, amongst other factors, are retuning parts … Continue reading

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Comerica Economic Weekly

U.S. economic data from first week of March was generally positive and consistent with an ongoing expansion through the first quarter of the year. The impressive February jobs numbers focused attention back on the Federal Reserve. Despite bad weather, 295,000 … Continue reading

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Comerica Economic Weekly

U.S. economic data from the end of February are consistent with an economy that expanded through the winter, but at a slower rate than we saw through the middle of last year. Fourth quarter real GDP growth was revised down … Continue reading

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Comerica Economic Weekly

The short week produced mixed U.S. data. Signs continue to point to a weak, but positive, GDP reading for the first quarter of 2015. Even though the GDP data is seasonally adjusted, we have had a spate of weak Q1 … Continue reading

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Comerica Economic Weekly

It was a light week for U.S. data, dominated by a weak retail sales report. Retail sales this winter sagged under the weight of falling gasoline prices, but that is not all to the story. Even non-gasoline sales have been … Continue reading

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Comerica Economic Weekly

U.S. economic data released in the first week of February was mixed, but capped by a strong jobs report. Payroll job growth in January registered a stronger-than-expected 257,000 jobs. The unemployment rate ticked up inconsequentially to 5.7 percent in January. … Continue reading

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Comerica Economic Weekly

It was an important week for monetary policy, with the Federal Open Market Committee issuing a policy statement on Wednesday afternoon. The FOMC statement of January 28 reaffirmed our expectations set by the Fed’s December communications. The Fed maintained its … Continue reading

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Comerica Economic Weekly

U.S. data from the middle of January reminds us that there is still uncertainty associated with economic metrics, even within the context of a generally favorable U.S. outlook. The Swiss National Bank added to global uncertainty as they released their … Continue reading

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Comerica Economic Weekly

U.S. economic data from year-end 2014 continues to impress, setting the stage for solid momentum in 2015. U.S. job creation remains strong in December as 252,000 payroll jobs were added on a net basis. Moreover, the already strong October and … Continue reading

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Comerica Economic Weekly

We approach the end of the year with the price of oil, the health of the Russian economy and the Federal Reserve as hot topics this week. WTI crude oil traded in a range of about $54 to $58 per … Continue reading

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