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Comerica Bank: Michigan economy cools in July

Comerica Bank
Comerica Bank

DALLAS (WKZO) -- Michigan's economic growth is cooling down a little bit.  The latest Michigan Economic Activity Index from Comerica Bank shows the economy slipping slightly in July, down seven-tenths of a percentage point from June.

Overall this year, Comerica Bank Chief Economist Robert Dye says the state's economy is still doing well in 2013.  Strong auto sales in late summer will boost the economy into the fall according to Dye.

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