Consumers haven't felt this bad about the economy since November [CNN]
Comerica Incorporated (CMA)
Last comerica incorporated earnings: 4/21 06:34 am
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Source: CNN
Additionally, consumers are bracing for even higher price increases in the year ahead compared to readings from prior months, the survey found. The gauge, which is closely tracked by the Biden administration, plunged 13% from April's 77.2% reading, to 67.4%. That's the biggest one-month drop since mid-2021. Economists polled by FactSet were expecting consumer expectations to fall to just 76.9%. However, the latest reading is still better than last May, when inflation was running at 4%, versus the latest reading of 3.5%. Even though inflation is lower compared to a year ago, it's been moving in the wrong direction recently, shifting expectations for a rate cut from the Federal Reserve to the back burner. Perhaps the most daunting piece of the report for the Fed was year-ahead inflation expectations rising to 3.5% from 3.2% in April, even further away from the central bank's 2% target. Long-run inflation expectations also rose, to 3.1% from 3.0% in April. Since inflation expect
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News
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- Comerica Bank Recognized as One of the 50 Most Community-Minded Companies in the United States for Ninth Consecutive Year [Yahoo! Finance]Yahoo! Finance
- Comerica Bank Recognized as One of the 50 Most Community-Minded Companies in the United States for Ninth Consecutive YearPR Newswire
CMA
Earnings
- 4/18/24 - Miss
CMA
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 4/26/24 - Form 8-K
- CMA's page on the SEC website