Tag Archives: michigan

Michigan to Benefit from Automaker Investment

The Michigan economy is much more than just autos and other durable goods manufacturing, but the auto sector still drives the state economy. Recent announcements of new investments in the state by automakers is good news for Michigan, but risks … Continue reading

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Comerica Bank’s Michigan Index Continues Gains

Comerica Bank’s Michigan Economic Activity Index improved in November, up 1.3 percentage points to a level of 129.7. November’s reading is 56 points, or 75 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all … Continue reading

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Comerica Bank’s Michigan Index Ticks Up

Comerica Bank’s Michigan Economic Activity Index grew in October, up 1.0 percentage point to a level of 128.4. October’s reading is 54 points, or 73 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all … Continue reading

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Michigan Growth to Ease as Short-Term and Long-Term Drags Align

A key challenge in describing and forecasting the current Michigan economy is how to make comparisons relative to pre-recession performance. The reason for the difficulty is that Michigan did not “just” have to endure the Great Recession of 2007/08. The … Continue reading

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Comerica Bank’s Michigan Index Sees Slight Decline

Comerica Bank’s Michigan Economic Activity Index declined 0.2 percentage points in August to a level of 129.3. August’s reading is 55 points, or 74 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all of … Continue reading

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Comerica Bank’s Michigan Index Eases

Comerica Bank’s Michigan Economic Activity Index declined 0.4 percentage points in July to a level of 129.4. July’s reading is 55 points, or 75 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all of … Continue reading

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Comerica Bank’s Michigan Index Climbs

Comerica Bank’s Michigan Economic Activity Index increased 1.9 percentage points in June to a level of 129.8. June’s reading is 56 points, or 75 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all of … Continue reading

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Steady Michigan

Job growth in Michigan has been steady after allowing for the occasional bump, as occurred in May. In that month, state employment dipped by 20,400 jobs, contributing to a weak month for overall U.S. job growth. Like the U.S. numbers, … Continue reading

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Comerica Bank’s Michigan Index Dipped as Auto Production Eased

Comerica Bank’s Michigan Economic Activity Index was down 0.6 percentage points in May to a level of 128.3. May’s reading is 54 points, or 73 percent, above the index cyclical low of 74.0. The index averaged 123.7 points for all … Continue reading

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Comerica Bank’s Michigan Index Ticks Up

Comerica Bank’s Michigan Economic Activity Index climbed 1.9 percentage points in April to a level of 129.1. April’s reading is 55 points, or 74 percent, above the index cyclical low of 74.0. The index averaged 124.5 points for all of … Continue reading

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