All About Detroit Blog » Michigan Economy up Three Months in a Row Reports Comerica Bank’s

All About Detroit Blog » Michigan Economy up Three Months in a Row Reports Comerica Bank’s:

"The Michigan Business Activity Index (MBAI) represents ten different measures of Michigan economic activity compiled monthly by the Economics Department of Comerica Bank. The MBAI is seasonally adjusted, corrected for inflation, and expressed as an index, with 1996 as base year equal to 100. The MBAI series has been calculated monthly since 1957 and depicts state economic activity over seven full swings of the U.S. business cycle."