Michigan Economic Activity Index rises in November #DetroitNews

Tyler Clifford - Comerica Bank's Michigan Economic Activity Index saw a boost in November, gaining 1.3 percentage points to hit a level of 129.7. November's reading is 56 points, or 75 percent, is above the index cyclical low of 74.1. The index averaged 123.6 points in 2015 and 117.8 points in 2014. October's index reading was 128.4. Michigan's economy is showing broad-based gains with six of the eight index components up for the month, Comerica Bank chief economist Robert Dye said in a statement. He said that

from Latest News - Crain's Detroit Business