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Article: California Economy Continues to Rebound in August Reports the Comerica Bank California Economic Activity Index
- Article from:
- U.S. Newswire
- Article date:
- October 5, 2009
CopyrightCopyright 2009 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: BUSINESS EDITORS
Contact: Media, Dana Johnson, Senior Vice President and Chief
Economist, +1-214-462-6839, djohnson@comerica.com, or Data, Meaghan
Derrick, Research Assistant, +1-214-462-6815,
maderrick@comerica.com, both of Comerica Incorporated
DALLAS, Oct. 5 /PRNewswire-FirstCall/ --Comerica Bank's
California Economic Activity Index rose one point in August to a
level of 101. August's reading is up 10 points, or 11 percent,
cumulatively from the Index's cyclical low of 91 reached in March.
August marks the fifth consecutive monthly increase in the Index.
The Index in August was unchanged from its level 12 months earlier.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO)
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