Economic Indicators
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Personal income in R.I. rises in 4Q, 2012
Personal income in Rhode Island grew by 2.4 percent during 2012 and Massachusetts’ personal income grew by 3.2 percent during the year, according to a new report from the U.S. Bureau of Economic Analysis. more
| 3/27/13
Fed’s Rosengren backs bond buying through ’13 to lift growth
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data. more
R.I. exports increase 19.3% in January
Exports from the Ocean State increased 19.3 percent in January to $227.9 million on a month-to-month, seasonally adjusted basis after dropping 0.5 percent in December, according to an international trade statistics report from e-forecasting.com. more
| 3/27/13
Orders for durable goods rise as U.S. companies expand
Orders for U.S. durable goods climbed more than forecast in February as companies looked past budget squabbles in Washington and focused on expanding capacity to meet growing demand. more
New England jobless rate fell to 7.2% in 2012
The unemployment rate for the New England area fell 0.6 percent points to 7.2 percent in 2012, the U.S. Bureau of Labor Statistics announced Tuesday. more
| 3/26/13
Report: 22% of R.I. children live with an unemployed or underemployed parent
More than 20 percent of children in the Ocean State live with a parent who is either unemployed or underemployed, according to a report from the Urban Institute. more
| 3/26/13
Consumer confidence in U.S. decreases more than forecast
Confidence among U.S. consumers fell more than forecast in March as Washington’s budget battle soured Americans’ views of the economic outlook. more
RIPIRG: R.I. receives ‘D-’ for transparency
Rhode Island has received a “D-” grade for government spending transparency in the fourth annual report from the R.I. Public Interest Research Group Education Fund. more
| 3/26/13
U.S. stock futures climb before durable-goods, house-price data
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will rebound from yesterday’s decline, before reports that may show an increase in durable- goods orders and a jump in house prices. more
Consumers will keep spending as U.S. hurdles fade
American consumers, who kept shopping through rising fuel costs and delayed tax refunds, will probably continue buoying the world’s largest economy as these hurdles dissipate. more
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