Economic Indicators
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Companies boosted payrolls in March by the most in three months, adding to evidence the job market is recovering from a blast of harsh winter weather, a private payrolls report showed. more
Manufacturing in the U.S. expanded at a faster pace in March as gains in production and orders showed the industry was mending at the close of a winter-depressed first quarter. more
Gasoline prices remain dropped a penny in Rhode Island and Massachusetts this week, the first time since early February that average prices in both states showed declines, according to the weekly survey by AAA Southern New England. more
U.S. stocks climbed, with the Standard & Poor’s 500 Index poised for a fifth quarterly gain, as Federal Reserve Chair Janet Yellen signaled continued monetary support and tensions appeared to ease in Ukraine. more
Construction employment in Rhode Island rose 1.9 percent in February compared with the same period last year, adding 300 jobs for a total of 16,400 jobs, the Associated General Contractors of America reported Friday. more
Rhode Island’s 9 percent unemployment rate again ranked as the highest in the country in February, and Rhode Island was the only state to post a jobless rate at or above 9 percent, the U.S. Bureau of Labor Statistics reported Friday. more
A new study by Arizona State University ranks Rhode Island 28th in the country for year-over-year job growth, based on an analysis of U.S. Bureau of Labor Statistics data. In terms of specific industries, Rhode Island made its best showing for manufacturing-job growth. more
Rhode Island single-family home sales fell 5 percent in February compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
The U.S. economy grew more rapidly in the fourth quarter than previously estimated as consumer spending climbed by the most in three years, showing the expansion had momentum heading into this year’s harsh winter. more
Massachusetts single-family home sales fell 4.1 percent in February compared with the same month a year earlier, the third decline in sales in the last four months, according to a report released Wednesday by The Warren Group. more
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