Tag Archives: economy

The First Hints of the Yellen Fed

In her prepared remarks for her Senate confirmation hearing, Janet Yellen gave no specific recommendations for monetary policy changes. She is widely expected to be confirmed as the next chair of the Federal Open Market Committee later this year. She … Continue reading

Posted in Monthly, United States | Tagged , , | Comments Off

Comerica Economic Weekly

At first glance, the economic data from this week has been better than expected. However, the devil is in the details, and the details do not look as good as what the headlines suggest. Total nonfarm employment increased by 204,000 … Continue reading

Posted in United States, Weekly | Tagged , , | Comments Off

Comerica Bank’s Florida Index Dips Again in August

Comerica Bank’s Florida Economic Activity Index decreased 5.2 percentage points in August, to a level of 113.2. August’s index reading is 33 points, or 40 percent, above the index cyclical low of 80.6. The index averaged 105 in 2012, 10 … Continue reading

Posted in Economic Activity, Florida, Indices | Tagged , , | Comments Off

Comerica Bank’s Arizona Index Drops in August

Comerica Bank’s Arizona Economic Activity Index fell in August, decreasing 1.9 percentage points to a level of 95.3. August’s index reading is 24 points, or 34 percent, above the index cyclical low of 71.3. The index averaged 87.2 points for … Continue reading

Posted in Arizona, Economic Activity, Indices | Tagged , , | Comments Off

Comerica Economic Weekly

It’s been a busy week for data as federal agencies work their way back to a normal release schedule after the partial government shutdown. As expected, the Federal Reserve’s Federal Open Market Committee voted to maintain its program of asset purchases … Continue reading

Posted in United States, Weekly | Tagged , , | Comments Off

September Industrial Production and Pending Home Sales, October Texas MF Production Driven by Utilities. Housing Indicator Shows Vulnerability Industrial Production for September increased by 0.6 percent as utility production rebounded. The Pending Home Sales index for September declined by 5.6 … Continue reading

Posted in Daily, United States | Tagged , , | Comments Off

Comerica Economic Weekly

With the end of the federal government shutdown on October 16, a backlog of economic data is flowing irregularly from federal agencies. It will take until December to get back onto a normal data schedule. Employment data for September was … Continue reading

Posted in United States, Weekly | Tagged , , | Comments Off

Comerica Bank’s Texas Index Decreases in August

Comerica Bank’s Texas Economic Activity Index declined 0.6 percentage points in August to a level of 103.4. The August reading is 32 points, or 44 percent, above the index cyclical low of 71.6. The index averaged 102 points for all … Continue reading

Posted in Economic Activity, Texas | Tagged , , | Comments Off

Comerica Bank’s Michigan Index Dips in August

Comerica Bank’s Michigan Economic Activity Index decreased in August, down 1.3 percentage points to a level of 125.4. August’s reading is 53 points, or 74 percent, above the index cyclical low of 72.1. The index averaged 114 for all of … Continue reading

Posted in Economic Activity, Michigan | Tagged , , | Comments Off

Comerica Bank’s California Index Improved in August

Comerica Bank’s California Economic Activity Index grew in August, increasing 0.6 percentage points to a level of 104.6*. August’s reading is 32 points, or 44 percent, above the index cyclical low of 72.7. The index averaged 101 points for all … Continue reading

Posted in California, Economic Activity | Tagged , , | Comments Off