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Article: Michigan economy dips in April, according to Comerica Bank's Michigan Business Activity Index.
- Article from:
- M2 Presswire
- Article date:
- May 24, 2005
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M2 PRESSWIRE-24 May 2005-Comerica Bank: Michigan economy dips in April, according to Comerica Bank's Michigan Business Activity Index(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:23052005
DETROIT - The Michigan Business Activity Index, compiled by Comerica Bank, fell two points to 106 in April. That put the index at the lower end of the range over which it has been fluctuating since last June.
"The Michigan economy took a slight turn for the worse in April," according to Dana Johnson, chief economist at Comerica Bank. "While the region is benefiting from a healthy national economy, the structural adjustments centered in the auto industry are ...