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DETROIT, Nov. 15 /PRNewswire-FirstCall/ -- The Michigan Tourism Index compiled by Detroit-based Comerica Bank decreased 3 percent between the second and third quarters of 2006. The third quarter index, at 115.0, was down 3.4 percent from a year earlier. This is the lowest reading for our index since the second quarter of 2003, just over 3 years ago.

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"With tourism expanding in most other states, it is clear that the weakness in the local economy is primarily responsible for the downward trend in our tourism index," said Dana Johnson, chief economist at Comerica Bank. "The recent decline in energy prices may provide some near-term relief, but tourism in Michigan won't show a sustained recovery until jobs and incomes start trending higher here in Michigan."

                                                         % Chg. 2006 Q3 From
                2005Q3   2005Q4   2006Q1   2006Q2   2006Q3   2006Q2   2005Q3

  Tourism Index  119.1    124.3    119.0    118.5    115.0     -3.0     -3.4
  Occupancy Rate  96.1     97.4     98.9     96.0     97.3     +1.4     +1.2
  Airline
   Traffic       167.1    162.2    164.1    162.6    158.6     -2.5     -5.1
  Vehicular
   Traffic       105.4    105.7    108.2    107.1     98.6     -7.9     -6.5
  Mackinac
   Crossings     120.2    122.8    127.5    124.4    113.8     -8.5     -5.3
  Museum         106.5    133.1     96.1    102.6    106.8     +4.1     +0.3

The Michigan Tourism Index is a quarterly summary of five seasonally adjusted travel and lodging data series, which serve as a proxy for statewide tourism activity. Prior levels for the index were revised this quarter to incorporate our annual revisions to seasonal factors.

Comerica Incorporated is a financial services company headquartered in Detroit, strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful. To receive this index directly to your email inbox, go to http://www.comerica.com/econsubscribe to subscribe.

SOURCE: Comerica Bank

CONTACT: Dana Johnson, Senior Vice-President and Chief Economist of
Comerica Bank, +1-734-930-2401

Web site: http://www.comerica.com/