Tag Archives: economy

Comerica Economic Weekly

Following last week’s non-action from the Federal Open Market Committee on interest rates, this week we saw a strong effort by FOMC members to provide some clarity after murky forward guidance on September 17. Several FOMC members have made statements … Continue reading

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Comerica Economic Weekly

Now that we are on the back side of Labor Day, nearly all economic and financial market data and commentary is being analyzed through the prism of the upcoming Federal Open Market Committee meeting over next Wednesday and Thursday, September … Continue reading

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Comerica Economic Weekly

U.S. economic data through the end of summer was consistent with an ongoing moderate GDP expansion. That said, we do expect to see some giveback from the strong 3.7 percent real GDP growth that is now reported for the second … Continue reading

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Comerica Economic Weekly

U.S. economic data from late summer has been largely positive. However, global financial markets have exhibited a high degree of volatility and this creates the potential for an adverse feedback loop back to the U.S. economy. The global stock market … Continue reading

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Comerica Economic Weekly

Mid-summer data show that the U.S. economy is expanding at a moderate pace, driven by growth in the service sector, sufficient to keep overall job growth on track, and sufficient to keep the Federal Reserve on schedule for an interest … Continue reading

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July U.S. Employment

Payrolls Up 215,000, Looks like “Some” July Payroll Employment increased by 215,000 jobs. May and June payrolls were revised up by 14,000 jobs. The Unemployment Rate for July was unchanged at 5.3 percent. Average Weekly Hours edged up to 34.6 … Continue reading

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Comerica Economic Weekly

It was a light week for U.S. data, and perhaps the closest we have come to the seasonal doldrums this summer. Financial markets are digesting Amazon’s Q2 earnings, international data and a weaker-than-expected report on U.S. new home sales for … Continue reading

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Comerica Economic Weekly

U.S. economic data from the middle of July are consistent with an acceleration in economic momentum through the second quarter. Global financial markets were calmer as Greece and the EU pulled back from the brink. There remains much work to … Continue reading

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Comerica Economic Weekly

It was a light week for U.S. economic data, but a busy week nonetheless as Greece, China, oil prices and the Fed generated numerous headlines. Greece and the European Union appear to be inching toward a deal that will allow … Continue reading

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Comerica Economic Weekly

At the halfway point in 2015 we see reasons to expect solid U.S. economic growth through the second half of the year. U.S. data at the end of the second quarter are encouraging. There is ample evidence of a pickup … Continue reading

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