Economic Activity
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Despite severe winter weather during the first months of 2014 that put pressure on New England business owners in several industries, the overall economic outlook remains cautiously optimistic, according to the Federal Reserve Board’s Beige Book released Wednesday. more
A new study released Wednesday by the University of Massachusetts Donahue Institute projects 4.4 percent growth in the state’s population between 2010 and 2030. more
Rhode Island was one of three states that averaged an unemployment rate of greater than 9 percent in 2013, according to year-end figures released Friday by the U.S. Bureau of Labor Statistics. more
Personal incomes in Rhode Island rose 1.1 percent in the third quarter, after rising 0.7 percent in the second quarter, according to a report released Thursday by the U.S. Bureau of Economic Analysis. more
Fewer Americans than projected filed applications for unemployment benefits last week, indicating the U.S. labor market is improving. more
Rhode Island’s state debt per capita of $8,769 for fiscal year 2012 ranks third-highest in the United States, according to the Tax Foundation’s 2014 “Facts and Figures” report released Wednesday. The annual report compiles tax and collections data for each of the 50 U.S. states and the District of Columbia, and ranks each state on 39 different measures of tax and fiscal policy. more
The Dutch government’s decision to hold onto U.S. mortgage debt acquired during the 2009 bailout of ING Groep NV has paid off so far as prices of the securities soared, more than doubling in some cases from lows that year. more
The Consumer Price Index in the Northeast rose 1 percent over the last 12 months, according to a report from the U.S. Bureau of Labor Statistics. more
The Naval Undersea Warfare Center spent $602 million of its total $874 million operating budget for 2013 on payroll, contracts with local companies, and construction and support for the command and research facility in Newport. more
The U.S. homeownership rate climbed from the lowest level in 18 years, signaling that the real-estate rebound is drawing in more buyers. more
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