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Title: Michigan’s Economy Strongest Since 2006 in Comerica Bank Report
Source: Bloomberg
URL Source: http://www.businessweek.com/news/20 ... e-2006-in-comerica-bank-report
Published: Mar 29, 2012
Author: Chris Christoff
Post Date: 2012-03-29 15:23:32 by Brian S
Keywords: None
Views: 922
Comments: 2

Auto sales pushed Michigan’s (STOMI1) (STOMI1) economy in January to its highest level in six years, according to Comerica Bank’s monthly economic activity index.

Michigan’s index rose to 98 from December’s 91, the best improvement among the five states Dallas-based Comerica monitors, said chief economist Robert Dye. The others are California, Texas, Florida and Arizona.

Car sales may continue to fuel the upswing. A “huge” pent-up demand for new vehicles pushed February sales to a level that implies an annual rate of 15.1 million vehicles, Dye said. That’s up from 13.5 million in December.

Michigan’s February unemployment rate dropped to 8.8 percent, the first time it’s fallen been below 9 percent since September 2008, Dye said. The U.S. unemployment rate in February was 8.3 percent.

He said manufacturing, led by the auto industry, is fueling a national recovery.

“We’re starting to see an economy that’s moving past the faltering recovery we’ve had the last couple years,” Dye said in a telephone interview from Dallas. “I hope by the end of 2012 there will be a strong consensus that we’re in a self- sustaining economic expansion.”

Michigan added 62,000 jobs since February 2011, a 1.5 percent increase, according to the state Department of Technology, Management and Budget.

It showed the second-best economic recovery among states, behind North Dakota, by the third quarter of 2011, according to the Bloomberg Economic Evaluation of States index. Subscribe to *Obamanomics On Parade*

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#1. To: Brian S (#0)

He said manufacturing, led by the auto industry, is fueling a national recovery.

Bullshit.

The so-called "recovery" is being fueled by the same easy-money policies of the Fed, to make oBungler look good for the election cycle.

Your so-called "experts" are a bunch of morons that stupidly think the solution to too much debt... is more debt.

You're talking out your ass.

To: mcToejam, rat-boy, drippy, Alzheimer Fred, whitesands, t-bird, loonymom, ming, e-type jackoff, goober56, wreck, cal-CON, rabid dog, dummy DwarF, biff, harrowup the communist, and meguro. You're on the "a waste of human flesh" list. Brian S[ocialist], you're a propagandist moron. ALL of you can piss off.

Capitalist Eric  posted on  2012-03-29   16:19:46 ET  Reply   Trace   Private Reply  


#2. To: Brian S (#0)

.

LOL!

Oh Yeeeeeeeeeeeeeeeeeeeeeeeeaaaaaaaaaaaaaaaaaaaaaaaaaaaaaahhhhhhhhh...

Everything is coming up ROSES! The messiah "king" obammy has SAVED America! and the economy! Weze is SAVED! All HAIL the messiah "king" obammy!

What a MAN ... oh sigh I'm all a twitter , Ah feel faint... Ah gots de vapors fer sure y'all!

Everything is coming up ROSES! The messiah "king" obammy has SAVED America! and the economy! Weze is SAVED! All HAIL the messiah "king" obammy!

Who you gonna believe? De messiah "king" obammy or your own LYING eyes?

The messiah "king" obammy will save US!

Right?

/S

Spit ....

Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.

Mad Dog  posted on  2012-03-29   16:32:57 ET  Reply   Trace   Private Reply  


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