Tag Archives: weekly

Comerica Economic Weekly

It was a busy week. A plethora of U.S. economic data was released. The Federal Reserve increased the fed funds rate and other central banks made policy announcements. Politics happened on both sides of the Atlantic. Even with all that, … Continue reading

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Comerica Economic Weekly

A March 15 fed funds rate hike cleared the last hurdle this morning upon the release of a solid February employment report. The official count of payroll jobs for February showed a net gain of 235,000, consistent with a variety … Continue reading

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Comerica Economic Weekly

U.S. economic data remains positive at the end of a fairly quiet week. January housing data bounced back after a weak December. The Federal Reserve released the minutes of the January 31/February 1 Federal Open Market Committee. We heard more … Continue reading

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Comerica Economic Weekly

It was a light week for U.S. data but rumblings from Washington elevated the stock market. President Trump suggested that the framework of his proposed tax overhaul would be made public soon. Also, deregulation was in the news with discussion … Continue reading

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Positive Start to 2017, But Jobs Data Didn’t Add Up

U.S. economic data at the start of the first quarter is positive and consistent with real GDP growth in the neighborhood of 2.0-2.5 percent. Job growth in January was better than expected as 227,000 net new payroll jobs were added … Continue reading

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Comerica Economic Weekly

It was a busy week for U.S. economic data, the majority of which was positive and consistent with an ongoing moderate economic expansion through the first quarter of 2017. The big non-news for the week was the Federal Reserve monetary … Continue reading

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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

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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

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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

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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

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