Updated December 8 at 12:28am
Economic Indicators
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Providence County’s average weekly wage in the second quarter was $993, $4 higher than the nationwide average and $44 higher than Rhode Island’s average weekly wage, the U.S. Bureau of Labor Statistics said Wednesday. more
Rhode Island had the seventh-highest percentage of noncurrent home loans in October at 7.3 percent, Black Knight Financial Services said this week. more
Home prices in the Providence-Warwick-Fall River metropolitan area climbed 4.8 percent over the year in October, CoreLogic said Tuesday. more
Rhode Island Hospital announced today that it was named a Top Teaching Hospital by The Leapfrog Group, a well-regarded nonprofit organization that annually surveys hospitals and collects and openly reports on several key performance measures of surveyed hospitals. more
Gasoline prices in Rhode Island are the same as last week, but rose 5 cents in Massachusetts, AAA Northeast said Monday. more
America’s service industries expanded in November at the fastest clip since October of last year, putting the economy’s biggest sector on a robust growth path. more
Cash collections increased in October and during the first fourth months of the fiscal year by 2.1 percent and 2.5 percent, respectively, when compared with the corresponding periods last year, the R.I. Department of Revenue said Friday. more
The foreclosure rate in the Providence-Warwick-Fall River metropolitan area was 1.26 percent in September, a decrease of 0.57 percentage points compared with September 2015, CoreLogic said this week. more
U.S. hiring picked up in November while the unemployment rate tumbled to a nine-year low on a drop in the number of people in the workforce and wages unexpectedly declined, providing a mixed picture of the labor market. more
PROVIDENCE – The Providence-Warwick-Fall River metropolitan area ranked 25th among the 40 largest metros nationwide for its home-price growth of 5.3 percent over the year in September, Black Knight Financial Services said Nov. 28. Home … more
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