Tag Archives: FOMC

Comerica Economic Weekly

Posted on May 24, 2013 by Comerica Economics

Two themes emerged from this week’s U.S. economic events. (1) Residential real estate conditions continue to improve. (2) The Federal Reserve is getting close to the beginning of the end of QE3. Continue reading →

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April New Home Sales, Existing Home Sales, May UI Claims, Fedspeak

Posted on May 23, 2013 by Comerica Economics

Housing-related data continues to be positive. New home sales for April increased by 2.3 percent to hit a 454,000 unit sales rate. Also, Federal Reserve officials are increasingly anticipating the turn in monetary policy. Continue reading →

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

FOMC Policy Announcement

Posted on May 1, 2013 by Comerica Economics

FOMC Stays the Course, QE3 Sails On, Other News Mixed QE3 will continue as originally defined with a total of $85 billion of asset purchases per month. The FOMC is prepared to change the pace of purchases as conditions change. … Continue reading →

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

2012Q4 GDP and Federal Reserve Policy Announcement

Posted on January 30, 2013 by Comerica Economics

Q4 Real GDP Contracts Slightly, Monetary Policy Stays on Course Real Gross Domestic Product decreased slightly at a -0.1 percent annualized rate in 2012Q4. The drag came from inventories and Federal defense spending. Consumer spending, business fixed investment and residential … Continue reading →

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Dec. Durable Goods, Nov. House Prices, Jan. Consumer Confidence and TX Mf Index

Posted on January 29, 2013 by Comerica Economics

 Mixed Data Suggests Some Momentum Heading into Fiscal Drag December New Orders for Durable Goods gained 4.6 percent, led by military and commercial aircraft. The Case-Shiller 20-City Composite House Price Index for November gained 0.6 percent. The Conference Board’s Consumer … Continue reading →

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