Bank index shows fall economic decline

By From page A1 | December 12, 2012

Comerica Bank’s California Economic Activity Index dipped 0.5 percentage points in September, declining to a level of 104.2, the bank reported in early December. September’s reading is 31 points, or 42 percent, above the index cyclical low of 73.2. Year-to-date the index has averaged 102, three points above the average for all of 2011.

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