Comerica Bank’s California Index Increases
DALLAS (STL.News) – Comerica Bank’s California Economic Activity Index increased 0.2 percent in April to a level of 124.2. April’s reading is 26 points, or 27 percent, above the index cyclical low of 97.8. The index averaged 124.0 points in 2018, 2.8 points above the average for all of 2017. March’s reading was revised to 123.9.
Comerica Bank’s California Economic Activity Index improved in April. This is the second straight monthly gain for the index following four consecutive monthly declines.