Comerica Bank's Michigan Index Up Again in April

               Comerica Bank's Michigan Index Up Again in April

PR Newswire

DALLAS, June 19, 2013

DALLAS, June 19, 2013 /PRNewswire/ -- Comerica Bank's Michigan Economic
Activity Index increased in April, up 1.3 points to a level of 122.4. The
April index reading is 50 points, or 70 percent, above the index cyclical low
of 72.1. The index averaged 114 for all of 2012, 11 points above the index
average for 2011. March's index reading was revised up from 119.9 to 121.1.

(Logo: http://photos.prnewswire.com/prnh/20010807/CMALOGO)

"Our Michigan Index has shown consistent gains over the first four months of
2013, reflecting improved labor market conditions, strong vehicle production
and improved housing market conditions within the state," said Robert Dye,
Chief Economist at Comerica Bank. "The ongoing economic expansion within the
U.S., accompanied by increasing consumer wealth and improving consumer
confidence, points to favorable conditions for the state's key auto industry
for the remainder of the year."

The Michigan Economic Activity Index consists of seven variables, as follows:
nonfarm payrolls, exports, sales tax revenues, hotel occupancy rates,
continuing claims for unemployment insurance, building permits, and motor
vehicle production. All data are seasonally adjusted, as necessary, and
indexed to a base year of 2008. Nominal values have been converted to constant
dollar values. Index levels are expressed in terms of three-month moving
averages.

Comerica Bank, with 215 banking centers in Michigan, is a subsidiary of
Comerica Incorporated (NYSE: CMA), a financial services company headquartered
in Dallas, Texas, and strategically aligned by three business segments: The
Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on
relationships, and helping people and businesses be successful. In addition to
Michigan and Texas, Comerica Bank locations can be found in Arizona,
California, and Florida, with select businesses operating in several other
states, as well as in Canada and Mexico. To find Comerica on Facebook, please
visit www.facebook.com/ComericaCares.

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SOURCE Comerica Bank

Website: http://www.comerica.com
Contact: Media, Robert Dye, (214) 462-6839, radye@comerica.com, or Data,
Daniel Sanabria, (214) 462-6789, fdsanabria@comerica.com
 
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