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Article: Michigan Economy Ticks Up in August, Reports Comerica Bank's Michigan Business Activity Index
- Article from:
- U.S. Newswire
- Article date:
- October 1, 2007
CopyrightCopyright 2007 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: STATE EDITORS
Contact: Dana Johnson, Senior Vice President and Chief Economist
of Comerica Bank, +1-734-930-2401, or +1-800-895-7708
DETROIT, Oct. 1 /PRNewswire-FirstCall/ -- The Michigan Business
Activity Index compiled by Comerica Bank rose 3 points in August to
107, and the July reading was revised down by 1 point to 104. So far
this year, the index has averaged 104, essentially the same as the
average for all of 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO)
"I am becoming more optimistic about Michigan's medium-term
economic prospects given that GM and the UAW have agreed on a new
contract and a state budget accord has been reached," said Dana
Johnson, Chief ...