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Article: Michigan Economy Holds Steady in March, Reports Comerica Bank's Michigan Business Activity Index
- Article from:
- U.S. Newswire
- Article date:
- May 6, 2008
CopyrightCopyright 2008 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,
+1-214-828-5970, 800-895-7708
DETROIT, May 6 /PRNewswire-FirstCall/ -- The Michigan Business
Activity Index compiled by Comerica Bank was unchanged in March at
101. In the first three months of 2008, the index is down less than
1 point from the fourth quarter average and is about 3 points lower
than the average for the third quarter of 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO)
"With the Michigan economy less dependent on the auto sector than
it was in the past, the weakness in the national economy is not
having a devastating impact on the state economy," said Dana
Johnson, Chief ...