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Comerica Economic Weekly
Unemployment insurance claims and chain‐store sales, both due out Thursday, will be the most watched economic numbers for the week ahead. Continue reading
Comerica Economic Weekly
April showers have been raining on U.S. economic data; it looks a bit soggy as we close out the month. GDP increased at a weaker-than-expected 2.5 percent annualized rate in the first quarter as weather played an outsized role. Colder … Continue reading
Comerica Economic Weekly
It was a light week for economic data with nothing to dispel the fog that has settled over the current quarter as we wait to see how consumers react to fiscal tightening. Strong income growth in December due to tax-avoidance … Continue reading
Comerica Economic Weekly
This week’s bumper crop of data was mixed (a farmer might call it a succotash field, to stretch the analogy) as the negative sign on fourth quarter GDP and the increase in the unemployment rate in January were countered by … Continue reading
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