Economic Indicators
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An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose 0.6 percent in September to 123.3 from 122.6 in August. more
Consumer sentiment in the U.S. fell in November to the lowest level in almost two years as households reeled from last month’s partial government shutdown. more
Payrolls in the U.S. increased more than forecast in October, a sign that employers were optimistic the world’s biggest economy would weather the effects of the federal government shutdown. more
Growth in the Massachusetts economy accelerated in the third quarter, bolstered by a recovering housing market, and consumer and business spending, local economy journal MassBenchmarks reported in its Current Economic Index Thursday. more
The economy in the U.S. expanded in the third quarter at a faster pace than forecast, led by the biggest increase in inventories in more than a year as household purchases and business investment slowed. more
U.S. stocks advanced, with the Standard & Poor’s 500 Index poised for a record close, as investors awaited data this week on jobs and economic growth for clues on when the Federal Reserve will cut stimulus. more
Service industries in the U.S. expanded in October at a faster pace than forecast, showing the biggest part of the economy was holding up as the federal government shut down. more
Single-family home sales in Rhode Island rose 19 percent in the third quarter compared with the same period last year, and the median sales price rose 10 percent, according to Rhode Island Association of Realtors data released Tuesday. more
Fewer Americans filed applications for unemployment benefits last week as a backlog in California’s reporting cleared. more
U.S. stocks fluctuated after the Federal Reserve decided to press on with $85 billion in monthly bond purchases, even as it sees “growing underlying strength in the economy.” more
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