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Displaying items tagged: Comerica Inc

Monday, 26 December 2022 12:19

U.S. economic resilience bodes well for ‘soft landing’ in case of mild recession 

Economists expect the U.S. to dip into a mild recession around mid-2023, as higher interest rates intended to bring down inflation drag on the economy.

Published in Economic Development
Monday, 26 December 2022 12:11

Improving auto sales should prop up Michigan economy, hold employment steady

The auto industry that historically led Michigan’s economy to fall further than the U.S. in national recessions may actually aid the state during a national economic downturn that many economists predict for 2023.

Published in Economic Development
Tuesday, 23 August 2022 09:10

Economists forecast slowed economic growth through 2023

University of Michigan economists expect the U.S. economy to experience a “very mild decline” the rest of this year before slowing to near zero growth in 2023.

Published in Economic Development

Friday, 20 May 2022 12:53

U-M economic outlook shows short-term return to growth; inflation concerns through 2023

University of Michigan economists expect second-quarter growth for the U.S. economy, although momentum may wane in the latter half of the year as interest rates rise.

Published in Economic Development
Thursday, 10 March 2022 20:54

Economists expect Fed to soon begin raising interest rates

Economists at PNC Bank and Comerica Inc. both expect the Federal Open Market Committee to begin raising interest rates next week.

Published in Finance
Sunday, 19 December 2021 18:35

U.S. economic growth forecasts tempered by ongoing COVID, market concerns

The latest coronavirus variant to emerge in a nearly two-year pandemic creates further uncertainty for the U.S. economy in 2022, although economists generally expect continued strong growth.

Published in Finance

Thursday, 02 December 2021 16:32

Report: Small businesses not recovering at same rate as overall Michigan economy

Michigan’s economy overall is recovering from last year, but lingering effects from COVID-19 are having a disproportionately negative effect on small businesses, according to a new report released by the Small Business Association of Michigan.

Published in Small Business
Sunday, 29 August 2021 16:50

Latest Census findings play vital role for West Michigan economic developers

New U.S. Census findings that show some of the state’s strongest population growth is occurring in West Michigan provide an opportunity to help attract talent during an ongoing labor shortage.

Published in Economic Development
Friday, 13 August 2021 14:56

Comerica economists forecast ‘throttled back’ Q3 growth before rebound

Michigan’s economic growth may ease during the third quarter, picking up again in late 2021 and into next year as manufacturers continue to deal with constrained supply chains and labor shortages, according to a new outlook.

Published in Economic Development

Sunday, 28 March 2021 17:00

MiBiz roundtable: M&A experts forecast strong deal flow in post-pandemic rebound

Mergers and acquisitions should remain strong through 2021 — driven by several factors affecting deal flow — although finding a good deal may come with a high price for buyers.

Published in Finance
Tuesday, 23 February 2021 16:31

Survey of Michigan business executives shows growing economic optimism

A growing number of business executives anticipate higher employment and capital investments over the next six to 12 months as post-pandemic economic outlooks are increasingly optimistic, according to a recent survey by Business Leaders for Michigan.

Published in Economic Development
Sunday, 20 December 2020 18:05

Post-pandemic supply chain shifts could boost state’s industrial economy

Michigan’s economy could stand to benefit in the years ahead as manufacturers move to reshore work to the U.S. after dealing with severe disruptions in their foreign supply chains when the coronavirus first surfaced in China.

Published in Economic Development

Tuesday, 17 November 2020 16:20

Comerica economists say Michigan is ‘well positioned’ despite latest COVID-19 restrictions

Even with new COVID-19 restrictions in place for the next three weeks, Michigan sits “well positioned” to eventually recover economically from the COVID-19 pandemic, according to a new Comerica Inc. outlook.

Published in Finance
Sunday, 25 October 2020 17:48

M&A deals for distressed companies expected to pick up in months ahead

The COVID-19 pandemic that slammed the economy this spring could generate more M&A deals in the months ahead.

Published in Finance
Tuesday, 08 September 2020 16:41

Industrial activity rebound has ‘definitely arrived,’ GVSU economist reports

Three of four key activity indexes for West Michigan’s industrial economy improved in August, furthering the economic rebound of recent months from a deep decline last spring with the onset of the COVID-19 pandemic and resulting stay-home orders.

Published in Economic Development

Sunday, 30 August 2020 17:31

Economists predict gradual economic recovery, though slower for some sectors

Economic conditions for Michigan and across the U.S. should keep improving through 2020 and into 2021, according to recent outlooks.

Published in Economic Development
Monday, 17 August 2020 15:11

Comerica outlook shows nearly 41% GDP decline in Michigan for Q2

Michigan’s economy fell further than the nation as a whole in the second quarter and could take three years to return to the peak of late 2019, according to a new economic outlook from Comerica Inc.

Published in Finance
Sunday, 19 July 2020 18:34

Survey: After slowdown, M&A activity expected to rebound over the next year

The M&A market that slowed in the first half of 2020 with the onset of the COVID-19 pandemic should rebound well over the next 12 months as deals that got put on hold go forward, according to a midyear survey by law firm Dykema Gossett PLLC.

Published in Finance

Monday, 06 July 2020 16:54

West Mich. manufacturing continues rebound, but COVID crisis won’t end until vaccine is found, economist says

West Michigan’s manufacturing sector maintained momentum in June as key indexes registered improvements in a monthly survey.

Published in Manufacturing
Monday, 08 June 2020 14:26

Comerica outlook anticipates faster economic rebound than previous forecasts

Comerica Inc. economists now expect a stronger rebound than previously forecast for the U.S. economy in the latter half of 2020.

Published in Economic Development
Monday, 25 May 2020 14:41

SBA turns focus to PPP loan forgiveness

 After approving more loans in six weeks than during the prior nearly 60 years combined, the U.S. Small Business Administration now looks to provide debt forgiveness to borrowers.

Published in Small Business

Monday, 11 May 2020 16:08

Comerica projects W-shaped economic pattern in wake of COVID-19 mitigation policies

Comerica Inc. now projects a “W-shaped pattern” for U.S. economic performance with a steep decline in Real GDP for the second quarter, a partial rebound in the third and a small decline to end the year.

Published in Finance
Sunday, 12 April 2020 18:41

VC, PE firms steer companies through crisis

The COVID-19 pandemic that dismantled daily routines and hammered the economy has forced investors to pivot along with the companies they back financially.

Published in Finance
Monday, 06 April 2020 04:45

GVSU economist: Coronavirus-caused recession will be bigger than 2008-09

The COVID-19 pandemic will take a fast bite of more than $3 billion out of West Michigan’s economic output, driving the region into recession along with the rest of the country.

Published in Finance

Friday, 20 March 2020 08:19

University of Michigan economists see second quarter recession

University of Michigan economists expect the coronavirus and COVID-19 pandemic to drive the U.S. economy into recession for the second quarter.

Published in Economic Development
Monday, 16 March 2020 16:17

GVSU economist predicts shallow recession in West Michigan; hospitality industry hardest hit

The mandated closing today of restaurants, bars and other businesses will contribute to a shallow economic downturn for the West Michigan economy. 

Published in Economic Development
Sunday, 15 March 2020 19:00

Virus concerns drive additional due diligence in M&A transactions

The coronavirus outbreak that’s battered Wall Street and caused supply chain disruptions for some manufacturers has yet to interrupt transactions, although more conversations are occurring as part of due diligence, according to M&A professionals.

Published in Finance

Friday, 13 March 2020 13:07

Coronavirus concerns cloud 2020 economic outlooks

Economists at Comerica Inc. now expect the U.S. economy to possibly dip negative for the second quarter as a fallout of the coronavirus pandemic.

Published in Economic Development
Tuesday, 03 March 2020 13:57

Comerica: Fed rate cut could help, but not change economic impact from coronavirus

Today’s emergency interest rate cut could aid a slowing U.S. economy facing a significant threat from the coronavirus outbreak, according to Comerica Inc. economists.

Published in Economic Development
Sunday, 23 February 2020 19:30

Michigan retailers start 2020 on ‘positive note’

Michigan retailers reported a strong start to 2020.

Published in Economic Development

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