Economic Indicators
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U.S. isn’t broke, dollar won’t fail, Capital Economics says
The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd. more
R.I. gas prices fall again, for 5th consecutive week
Gasoline prices in the Ocean State fell 5 cents this week in the fifth consecutive week of price declines, AAA Southern New England reported Monday. more
| 4/8/13
U.S. stocks fall as payrolls rise less than economist estimates
U.S. stocks tumbled, extending the biggest weekly drop of the year for the Standard & Poor’s 500 Index, after data showed the nation added less than half the number of jobs economists forecast in March. more
R.I. leading indicators continue rise in February
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 122.1 in February. more
| 4/4/13
Jobless claims in U.S. increased more than forecast last week
More Americans than projected filed applications for unemployment benefits last week, reflecting the difficulty the government has adjusting the figures around the Easter holiday and spring break at schools. more
Gilbane: Spending growth seems ‘here to stay’
After ending 2012 with a 10 percent year-over-year increase in construction spending, spending is expected to grow more than 7 percent in 2013; the Gilbane Building Co. said in its spring 2013 edition of its annual construction-industry economic report. more
| 4/3/13
Home prices rise 1% in the Prov. metro area in Feb.
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 1 percent from February 2012 to February 2013, according to CoreLogic’s Home Price Index. more
| 4/3/13
2012 a ‘year of contrasts’ for R.I. real estate, says Capstone
For Rhode Island’s commercial real estate market, 2012 was a “year of contrasts between large and small transactions across all property types,” according to Capstone Properties’ 2012 real estate survey. more
| 4/2/13
Foreclosure starts, deeds fall in Bristol County, Mass., in Feb.
Bristol County, Mass., foreclosure starts dropped 46.8 percent in February while finished foreclosures dropped 46.4 percent compared with the second month of 2012, The Warren Group said Tuesday. more
| 4/2/13
Manufacturing cools in U.S. as government cuts loom
Manufacturing grew less than forecast in March as orders and production cooled, highlighting the risk of a U.S. economic slowdown this quarter as federal budget cuts take effect. more
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