Economic Activity
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Consumer spending in the United States climbed more than forecast in January as incomes increased, making it more likely the biggest part of the economy will be able to sustain growth in early 2014. more
The new year brought mixed economic results in Rhode Island, as discouraging unemployment data offset positive revisions of January payroll estimates, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
President Barack Obama’s advisers said the U.S. economy is on track to strengthen and add more jobs in the next two years because many of the impediments to faster growth have subsided. more
Gasoline prices rose for a fifth consecutive week in Rhode Island and Massachusetts, mirroring national energy price trends, according to the weekly survey by AAA Southern New England. more
Service industries expanded more than forecast in January as the biggest part of the U.S. economy overcame the effects of snow and freezing temperatures to boost hiring by the most in more than three years. more
Rhode Island single-family home prices ended two years of annual declines in 2013, climbing 8 percent compared with 2012, the Rhode Island Association of Realtors said Thursday. more
An early 19th century house in Federal Hill joins Rhode Island’s tallest building and the Statehouse lawn on the Providence Preservation Society’s Ten Most Endangered Properties List for 2014, the group announced Thursday. more
The R.I. State Council on the Arts awarded $128,212 in grants to Rhode Island schools, community centers and artists in its December 2013 round, the agency announced Wednesday. more
U.S. stocks climbed, paring this year’s loss for the Standard & Poor’s 500 Index, as Macy’s Inc. rallied and jobless claims fell before the start of corporate earnings season. more
American consumers in 2013 were more upbeat than at any time in the previous six years as views on the economy, finances and the buying climate improved. more
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