michigan economic activity index

Economy
12:00 pm
Mon September 24, 2012

Michigan's economic recovery "broadening"

Michigan Economic Activity Index
Comerica Bank

A new report claims Michigan’s economic recovery is starting to “broaden” beyond the state’s manufacturing base.

Comerica Bank’s “Michigan Economic Activity Index” follows: non-farm payrolls, exports, sales tax revenues, building permits and other indicators of the state’s economic direction.

And according to those measures, Michigan’s economic activity is at a level not seen since 2002.

Robert Dye is Comerica Bank’s Chief Economist. He says its good news.  But there are other issues to watch closely. 

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