Comerica Bank's Michigan Index Climbs Upward in May

             Comerica Bank's Michigan Index Climbs Upward in May

PR Newswire

DALLAS, July 18, 2013

DALLAS, July 18, 2013 /PRNewswire/ --Comerica Bank's Michigan Economic
Activity Index increased in May, up 3.0 percentage points to a level of 125.2.
The May index reading is 53 points, or 74 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. April's index reading was revised down from 122.4 to 122.2.


"Our Michigan Index continues to point toward improvement for the Michigan
economy. Most index components increased for the month, including payroll
employment," said Robert Dye, Chief Economist at Comerica Bank. "Strong U.S.
auto sales for June are a positive factor for auto production and for the
Michigan economy. We expect to see ongoing improvement to the Michigan economy
through the second half 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

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

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SOURCE Comerica Bank

Contact: Media, Robert Dye, +1-214-462-6839,, or Data
Contact: Daniel Sanabria, +1-214-462-6789,
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