Economic Indicators
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WASHINGTON - Consumer spending in the U.S. rose in August for a fourth consecutive month as a pickup in incomes bolstered the biggest part of the economy. Household purchases, which account for … more
A shutdown of the U.S. government would reduce fourth-quarter economic growth by as much as 1.4 percentage points depending on its length, economists say, as government workers from park rangers to telephone receptionists are furloughed. more
The economy expanded at faster pace in the second quarter from the previous three months, a sign the U.S. was weathering federal budget cutbacks and higher taxes. more
U.S. stock-index futures rose, signaling the Standard & Poor’s 500 Index will rebound from its longest losing streak this year, as investors awaited data on jobs and home sales to assess the pace of the economic recovery. more
Sales of single-family homes in Massachusetts rose almost 14 percent last month, marking the best August since 2005, according to a report released Tuesday by The Warren Group. more
Home prices in the Providence metro area rose slightly in July over the previous month, according to the LPS Home Price Index released Monday. more
U.S. stocks fell, following three weeks of gains for the Standard & Poor’s 500 Index, as financial shares slumped and investors watched speeches from Federal Reserve officials for clues on monetary policies. more
U.S. stock-index futures were little changed, following three weeks of gains for the Standard & Poor’s 500 Index, as a report showed that China’s manufacturing expanded at its fastest pace in six months. more
Rhode Island’s seasonally adjusted unemployment rate remained the highest in New England in August, rising to 9.1 percent from 8.9 percent in July, the U.S. Bureau of Labor Statistics reported Friday. more
In 2012, 13.7 percent of Rhode Islanders, or close to 139,000 people, lived in households with income below the federal poverty level, according to the latest figures released by the U.S. Census Bureau’s American Community Survey. more
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