Updated February 11 at 6:26pm
Economic Indicators
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Orders for business equipment rose in May for just the second time this year, indicating demand for American-made manufactured goods is stabilizing. more
Personal income for the nation rose 0.9 percent on average in the first quarter, and increased in 46 states, including Rhode Island, according to the U.S. Bureau of Economic Analysis. more
Gasoline prices climbed 2 cents in Rhode Island and 4 cents in Massachusetts from last week, according to AAA Northeast. more
Previously owned U.S. homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market. more
Rhode Island ranked third from last among states and the District of Columbia for losing 900 construction jobs in May compared with May 2014. more
Rhode Island’s jobless rate for May dipped below 6 percent, to 5.9 percent, for the first time since 2007, the state Department of Labor and Training reported Thursday. more
Providence was among 319 U.S. counties that experienced employment increases year over year in December, the U.S. Bureau of Labor Statistics said. more
Consumer confidence stabilized after falling a record nine straight weeks as Americans became less downbeat about the economy. more
Fewer Americans than forecast filed for unemployment benefits last week, a sign labor market momentum continues to strengthen. more
The cost of living in the U.S. excluding food and fuel rose less than forecast in May, a sign inflation may take time to meet the Federal Reserve’s goal. more
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