Economic Indicators
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The R.I. Department of Revenue showed that August’s total general revenues increased 4 percent compared with the same period last year. more
Gasoline prices in Rhode Island continued to drop, marking the lowest point this year, according to AAA Southern New England’s weekly survey of gasoline prices. more
New-home sales in the U.S. surged in August to the highest level in more than six years, a sign that the housing recovery is making progress. more
Rhode Island single-family home sales fell 8 percent in August compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
The R.I. Department of Labor and Training has been awarded $161,417 to fund a feasibility study on paid leave. more
Passenger traffic at T.F. Green Airport declined for the eighth consecutive month in August, registering 332,246 travelers, a drop of 6.85 percent compared with August 2013, according to the latest report released by the R.I. Airport Corporation. more
The director of the R.I. Department of Revenue did not mince words when discussing the state’s revenue performance in August, saying it was “like pushing a wet noodle.” more
Rhode Island continued to have the third-highest unemployment rate in the nation in August at 7.7 percent, trailing only Georgia, which was No. 1 at 8.1 percent, and Mississippi, No. 2 with 7.9 percent, according to data released Friday from the U.S. Bureau of Labor Statistics. more
August’s unemployment rate in Rhode Island remained at 7.7 percent, unchanged from the month before, according to the R.I. Department of Labor and Training. more
Rhode Islanders had the largest share of residents living in poverty last year among the New England states, according to information from The Economic Progress Institute. more
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