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Article: Michigan economy still struggling to show growth; Comerica Bank`s Michigan Business Activity Index.
- Article from:
- M2 Presswire
- Article date:
- March 14, 2005
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M2 PRESSWIRE-14 March 2005-Comerica Bank: Michigan economy still struggling to show growth; Comerica Bank`s Michigan Business Activity Index(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:11032005
DETROIT - The Michigan Business Activity Index, compiled by Comerica Bank, remained unchanged in January, to close at 108, compared with 108 in December. A year earlier the index stood at 116.
"Economic activity in Michigan appears to be stabilizing this winter after having dropped considerably over the first half of 2004. The auto sector still appears to be a drag, but there was an encouraging increase in employment and income in January" according to Dana ...