Economic Activity
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Economic activity for the month of September reflected sustained, if not entirely consistent, positive momentum in the state’s economy, according to the statistician who produces the Current Conditions Index. more
The U.S. imported the most box loads of Asian goods from shoes to tires in six years last quarter, a signal that the world’s largest economy is gathering strength heading into the holiday season. more
The Industrial Trust Tower, Rhode Island’s tallest and perhaps most infamous building, headed a Gizmodo list of the top five “zombie towers” in mid-sized U.S. cities. more
Job openings in the U.S. climbed to a five-year high in September, indicating employers were confident about demand before the federal government shutdown. more
Rhode Island’s unemployment rate remained the highest in New England in September and October, rising to a seasonally adjusted 9.2 percent from 9.1 percent in August, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island’s unemployment rate held fairly steady this fall, although fewer Rhode Islanders were employed as the size of the labor force continued to shrink. more
U.S. mortgage rates fell for the first time in three weeks as investors speculated that the Federal Reserve will hold off on tapering bond purchases that are bolstering the economy. more
Americans look to be in the mood to shop this holiday season as their buying power gets a lift from more plentiful jobs and cheaper gasoline. more
Personal income growth slowed in 2012 in most of the nation’s 381 metropolitan areas, the U.S. Bureau of Economic Analysis reported Thursday. more
Applications for unemployment benefits in the U.S. declined to the lowest level in almost two months, showing further healing in the labor market. more
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