DETROIT – The Comerica Michigan Economic Activity Index jumped 7.9 percent annualized in the three months through May. The Index was still down 0.3 percent from a year earlier after declining in the second half of 2022. Six of the index’s nine components increased in April, while three fell. Overall, the Great Lake State’s labor
DETROIT - The Comerica Michigan Economic Activity Index jumped 5.2% annualized in the three months through April, although it was still down 0.4% from a year earlier after declines between June and February. Six of the index’s nine components increased in April, while three fell. Employment rose by a solid 10,800. While continuing claims for
TROY– J.D. Power, a global leader in data analytics and consumer intelligence, today announced that its J.D. Power EV Index, an analytics tool to track the growing electric vehicle market in the United States, has been selected by the U.S. Department of Energy to help establish benchmarks and monitor ongoing development of EV infrastructure nationwide.
LONDON, UK - Investors interested in growing their assets will find market tools like FTSE a good choice. Targeting the United Kingdom market, this financial body aids investors in generating profit from the changes in the market. The FTSE has many indices that help in prudent money management. FTSE futures is an agreement that allows
WASHINGTON, D.C. — Despite a big jump in concern for inflation small business owners are feeling good about the health of their businesses and expectations for the future, leading to a new pandemic-era high score of 64.1 for the MetLife and U.S. Chamber of Commerce Small Business Index. About three in five (61 percent) small
DETROIT—Comerica Michigan Economic Activity Index increased in May to a level of 106.7, 24.4 percent higher than the all-time low of 85.8 reached in June 2020, at the bottom of the coronavirus recession. The index averaged 100 points for all of 2020, 9 points below the index average for 2019. The index is comprised of
DETROIT – The national Citizens Business Conditions Index posted a second consecutive quarter of gains as optimism fueled by COVID-19 vaccine announcements and increased election certainty began to outweigh concerns about spiking pandemic cases. The national Index rose modestly to 61.4 in the final quarter of 2020, up from 61.2 at the end of the third
DETROIT– Comerica Bank officials look for improving conditions in Michigan this spring as vaccine distribution ramps up, and massive fiscal stimulus hits the economy along with very low interest rates. The statement follows release of the Michigan Economic Activity Index from Comerica that reported the index rose in November to 106.3 from 106.2 in October.
EAST LANSING - According to Anderson Economic Group’s monthly AndCan Index, demand for legal cannabis products in the United States surged 4 percent in May 2020 after rebounding in April. AEG’s experts produce this monthly measurement by closely following 50 state trends for both the recreational and medicinal marijuana markets. Monthly calculations are based on
DETROIT - Comerica Bank’s Michigan Economic Activity Index was down slightly in December, by 0.1 percentage points, to a level of 129.7. The Michigan Economic Activity Index consists of eight variables: nonfarm payrolls, exports, hotel occupancy rates, continuing claims for unemployment insurance, housing starts, sales tax revenues, home prices, and auto production. All data are
