Tag Archives: u.s.

December Income and Spending

 Consumers Continue to Do Their Part U.S. Personal Income increased by 0.3 percent in December. After inflation and taxes, Real Disposable Income increased by 0.1 percent in December. Nominal Consumer Spending increased by 0.5 percent in December The PCE Price … Continue reading

Posted in Daily, General, United States | Tagged , | Comments Off on December Income and Spending

Comerica Economic Weekly

U.S. economic data released over the last week of January was generally positive, although 2016Q4 real GDP growth was weaker than expected. International data was also supportive. The first estimate of 2016Q4 real GDP growth came in at 1.9 percent … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

2016Q4 GDP, December Durable Goods Orders

First Estimate of Q4 GDP Below Expectations on Drags from Trade, Defense, Weather Real Gross Domestic Product for 2016Q4 increased at a weaker-than-expected 1.9 percent annual rate. New Orders for Durable Goods decreased by 0.4 percent in December. The first … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on 2016Q4 GDP, December Durable Goods Orders

December Existing Home Sales

  Sales Slip as Condos Crack Existing Home Sales decreased by 2.8 percent in December to a 5,490,000 unit annual rate. Existing home sales eased by 2.8 percent in December, ending the year in the same pattern that they started the … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on December Existing Home Sales

Comerica Economic Weekly

It was a short week bookended by the Martin Luther King Day holiday and the inauguration of President Trump and Vice President Pence, but there was a good amount of data released, most of which was positive. Housing starts for … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

Comerica Economic Weekly

U.S. economic data for the week was positive and consistent with an ongoing moderate economic expansion through the fourth quarter of 2016. The biggest surprise of the week came from the National Federation of Independent Business. Their Small Business Confidence … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

December Retail Sales and Producer Prices

Cars and Gasoline December Retail Sales increased by 0.6 percent, boosted by auto sales and gasoline prices. Retail Sales Ex-Autos increased by 0.2 percent in December. The Producer Price Index for Final Demand gained 0.3 percent in December, on higher … Continue reading

Posted in Daily, General, United States | Tagged , , , | Comments Off on December Retail Sales and Producer Prices

January 2017, Comerica Economic Outlook

Global Reflation and the Trump Swerve Commodity prices accelerated in the early 2000’s, encouraging the development of new supply and feeding capital investment globally. Very high commodity prices and the global financial market crisis led to significant demand destruction through … Continue reading

Posted in General, Monthly, United States | Tagged , | Comments Off on January 2017, Comerica Economic Outlook

Comerica Economic Weekly

U.S. economic data for the week was generally positive and consistent with an ongoing moderate economic expansion through the fourth quarter of 2016. A middling 156,000 net new jobs were added to the U.S. economy in December. Over 2016, an … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off on Comerica Economic Weekly

December U.S. Employment

Middling Jobs Report Leaves Fed Expectations Unchanged Payroll Employment increased by 156,000 jobs in December, a little below expectations. The Unemployment Rate for December increased inconsequentially to 4.7 percent. Average Hourly Earnings jumped by 0.4 percent for the month, after … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on December U.S. Employment