Tag Archives: weekly

Comerica Economic Weekly

The data dump ahead of the Fourth of July weekend yielded some good results, sending equity markets off to the races. The quality of recent U.S. economic data reinforces two points of view. First, the Q1 GDP stumble was an … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off

Comerica Economic Weekly

It was a fairly quiet week for U.S. economic data with one loud exception. The Bureau of Economic Analysis announced a sizeable downward revision to their estimate of 2014Q1 real GDP growth. The first estimate of Q1 GDP growth showed … Continue reading

Posted in General, United States, Weekly | Tagged , , , , | Comments Off

Comerica Economic Weekly

The Federal Reserve dominated this week’s U.S. economic headlines as they did the expected, more tapering and no change to interest rate policy. The Federal Open Market Committee policy announcement on Wednesday called for a reduction in asset purchases to … Continue reading

Posted in General, United States, Weekly | Tagged , , , | Comments Off

Comerica Economic Weekly

This analysis covers this week’s U.S. economic data through Thursday, May 29. We are not including Friday’s release of April income and spending data. The most eye-catching data event of the week was the widely anticipated downward revision to 2014Q1 … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off

Comerica Economic Weekly

Home sales and Fed chatter dominated this week’s U.S. economic scene. Housing markets look like they are going in the right direction after a winter stall. April new home sales increased by 6.4 percent to reach a 433,000 unit rate … Continue reading

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

Comerica Economic Weekly

U.S. economic data were mixed this week, but remain consistent with an improvement in Q2 GDP growth after an anemic Q1 reading of 0.1 percent (that looks to be revised down to a small negative). Inflation metrics warmed up in … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off

Comerica Economic Weekly

It was a fairly light week for U.S. economic data, with nothing to counter expectations for improving economic performance in the current second quarter. In her testimony this week before the Joint Economic Committee of Congress, Federal Open Market Committee … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off

Comerica Economic Weekly

It was a very interesting week for U.S. economic data, a Dickensian tale of two data streams. For employment it was the best of times. For GDP, it was the worst of times (relatively speaking). Likewise, we have a spring … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off

Comerica Economic Weekly

There was good news in this week’s data stream, and a significant warning flag. The warning flag came in the form of much-weaker-than expected new home sales for March. New home sales for March fell sharply, down 14.5 percent, to … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off

Comerica Economic Weekly

U.S. economic data continues to show evidence of a spring thaw. Retail sales for March were up a strong 1.1 percent, driven by a snap back in auto sales. Retail sales of autos and parts were up 3.1 percent in … Continue reading

Posted in General, United States, Weekly | Tagged , | Comments Off