Updated October 1 at 12:26pm
Economic Indicators
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Consumer confidence rose in September for the first time in four months as Americans grew more upbeat about the prospects for incomes and persistent low inflation. more
Mark Zandi, chief economist at Moody’s Analytics and co-founder of Moody’s Economy.com, will deliver the keynote address at the Rhode Island Public Expenditure Council’s 73rd annual meeting, RIPEC announced this week. more
Consumer spending was little changed in August as income growth cooled, pointing to a softening in consumption after a run of strong gains. more
The foreclosure rate in the Providence-Warwick-Fall River metropolitan area was 1.4 percent in July, a decrease of 0.26 percentage points compared with July 2015, when the rate was 1.66 percent, CoreLogic said this week. more
The U.S. economy expanded more in the second quarter than previously estimated, reflecting a smaller drag from business spending on structures and equipment. more
The number of applications to collect jobless benefits rose less than forecast last week, indicating employers are leery of dismissing workers as the labor market tightens. more
State general revenue collections crept up modestly in fiscal 2016, boosted by increases in revenue from income and sales taxes and user fees. more
Rhode Island’s No. 44 ranking on the 2017 State Business Tax Climate Index, released this week by the Tax Foundation, makes it one of the least competitive states when it comes to tax code structure. more
With 6.1 percent home price growth over the year in July, the Providence-Warwick-Fall River metropolitan area ranked 14th highest among the top 40 U.S. metros, Black Knight Financial Services said Monday. more
Orders for U.S. durable goods were little changed in August, while shipments of capital equipment declined for a fourth straight month, indicating lingering weakness in manufacturing. more
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