Displaying items by tag: Comerica Inc
Even with new COVID-19 restrictions in place for the next three weeks, Michigan sits “well positioned” to eventually recover economically from the COVID-19 pandemic, according to a new Comerica Inc. outlook.
The COVID-19 pandemic that slammed the economy this spring could generate more M&A deals in the months ahead.
Three of four key activity indexes for West Michigan’s industrial economy improved in August, furthering the economic rebound of recent months from a deep decline last spring with the onset of the COVID-19 pandemic and resulting stay-home orders.
Economic conditions for Michigan and across the U.S. should keep improving through 2020 and into 2021, according to recent outlooks.
Michigan’s economy fell further than the nation as a whole in the second quarter and could take three years to return to the peak of late 2019, according to a new economic outlook from Comerica Inc.
The M&A market that slowed in the first half of 2020 with the onset of the COVID-19 pandemic should rebound well over the next 12 months as deals that got put on hold go forward, according to a midyear survey by law firm Dykema Gossett PLLC.
West Michigan’s manufacturing sector maintained momentum in June as key indexes registered improvements in a monthly survey.
Comerica Inc. economists now expect a stronger rebound than previously forecast for the U.S. economy in the latter half of 2020.
After approving more loans in six weeks than during the prior nearly 60 years combined, the U.S. Small Business Administration now looks to provide debt forgiveness to borrowers.
Comerica Inc. now projects a “W-shaped pattern” for U.S. economic performance with a steep decline in Real GDP for the second quarter, a partial rebound in the third and a small decline to end the year.