Economic Activity
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Rhode Island’s 9 percent unemployment rate again ranked as the highest in the country in February, and Rhode Island was the only state to post a jobless rate at or above 9 percent, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island tied with Georgia at No. 33 in a recent WalletHub ranking of the 50 U.S. states and the District of Columbia, in which No. 1 represents the state least dependent on federal funding and federal government employment. more
A new study by Arizona State University ranks Rhode Island 28th in the country for year-over-year job growth, based on an analysis of U.S. Bureau of Labor Statistics data. In terms of specific industries, Rhode Island made its best showing for manufacturing-job growth. more
Rhode Island single-family home sales fell 5 percent in February compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
The U.S. economy grew more rapidly in the fourth quarter than previously estimated as consumer spending climbed by the most in three years, showing the expansion had momentum heading into this year’s harsh winter. more
Massachusetts single-family home sales fell 4.1 percent in February compared with the same month a year earlier, the third decline in sales in the last four months, according to a report released Wednesday by The Warren Group. more
Orders for U.S. business equipment fell in February for the second time in three months, signaling corporate investment will be slow to gain momentum following an unusually harsh winter that put a damper on demand. more
Hotel tax collections rose to $138,139 in January, an increase of 4.1 percent compared with the $132,707 collected during January 2013, the R.I. Department of Revenue reported Tuesday. more
The Social Enterprise Ecosystem for Economic Development Summit has added former Clinton policy adviser Ira C. Magaziner to its lineup of keynote speakers for the annual event, to be held this year on April 25-26 at Brown University. more
The Rhode Island Business Competition has announced the 10-member judging panel for its 2014 contest, which will award prizes valued at more than $200,000 when the winners are named in May. more
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