Tag Archives: texas

Comerica Bank’s Texas Index Sees Modest Improvement

Comerica Bank’s Texas Economic Activity Index improved slightly in September, up 0.3 percentage points to a level of 90.6. September’s reading is 18 points, or 24 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for … Continue reading

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Firmer Oil Prices Help Texas, But Recovery in Houston Will Be Slow

The price for West Texas Intermediate crude oil appears to be stabilizing in the range of $45 to $50 per barrel, providing a floor for drilling activity in Texas. The rig count for the state has bounced off the mid-May … Continue reading

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Comerica Bank’s Texas Index Moves Sideways

Comerica Bank’s Texas Economic Activity Index was down just 0.1 percentage points in August to a level of 90.3. August’s reading is 18 points, or 24 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for … Continue reading

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Comerica Bank’s Texas Index Dips

Comerica Bank’s Texas Economic Activity Index dipped in July, down 0.9 percentage points to a level of 90.3. July’s reading is 18 points, or 24 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for all … Continue reading

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Comerica Bank’s Texas Index Dips

Comerica Bank’s Texas Economic Activity Index declined in June, down 0.3 percentage points to a level of 91.2. June’s reading is 18 points, or 25 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for all … Continue reading

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Texas Economy Enters Critical Period in 2016H2

The Texas economy is entering a critical period in the second half of 2016 as the downdraft from the energy sector reset continues to roll through the state. Fortunately, to date, the drag on the overall state economy from reduced … Continue reading

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Comerica Bank’s Texas Index Ticks Down

Comerica Bank’s Texas Economic Activity Index eased in May, down 0.6 percentage points to a level of 91.5. May’s reading is 19 points, or 26 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for all … Continue reading

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Comerica Bank’s Texas Index Increases for First Time Since September 2015

Comerica Bank’s Texas Economic Activity Index improved in April, up 0.2 percentage points to a level of 92.1. April’s reading is 19 points, or 27 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for all … Continue reading

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Comerica Bank’s Texas Index Shows Slower Rate of Decline

Comerica Bank’s Texas Economic Activity Index declined slightly in March, down 0.2 percentage points to a level of 91.9. March’s reading is 19 points, or 26 percent, above the index cyclical low of 72.8. The index averaged 97.7 points for … Continue reading

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Comerica Bank’s Texas Index Sees Lightest Decline Since Energy Downturn

Comerica Bank’s Texas Economic Activity Index fell in February, decreasing 0.1 percentage points to a level of 92.4. February’s reading is 20 points, or 27 percent, above the index cyclical low of 72.8. The index averaged 97.7 points for all … Continue reading

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