Category Archives: Weekly

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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Comerica Economic Weekly

It was a light week for economic data, but a tremendously weighty week for political events. The widespread expectation, supported by the majority of polling institutions, that Hillary Clinton would become the first female president of the United States, gave … Continue reading

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Comerica Economic Weekly

U.S. economic data for the week fell reasonably close to expectations and did not alter our view of a fed funds rate hike on December 14. U.S. nonfarm payrolls increased by a net 161,000 jobs in October, a little shy … Continue reading

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Comerica Economic Weekly

U.S. economic data through the end of October was reasonably positive. We got our first estimate of third quarter real GDP growth this morning, and it came in about as expected, at a 2.9 percent annualized growth rate. A key … Continue reading

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Comerica Economic Weekly

U.S. economic data this week was consistent with our expectation for ongoing moderate economic growth through the third quarter. We will see if that actually happened when the first estimate of Q3 GDP is released next Friday morning, October 28. … Continue reading

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Comerica Economic Weekly

The fourth quarter of 2016 started with no big surprises from U.S. economic data. We expect to see a moderate uptick in U.S. real GDP growth in the third and fourth quarter, following weak gains through the first half of … Continue reading

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