Economic Indicators
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New England jobless rate falls in February
The unemployment rate for New England fell 0.2 percentage points year over year in February to 7 percent, seasonally adjusted, the U.S. Bureau of Labor Statistics announced Friday. more
| 3/29/13
Consumer spending in U.S. increases by most in 5 months
Consumer spending in the U.S. climbed in February by the most in five months as incomes rose, signaling an improving job market is spurring demand. more
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
Non-negotiable furloughs increase turnover, hurt firms, says URI
The survey responses of about 200 furloughed state-employed professionals’ who were denied input in managing their time off showed higher emotional exhaustion and lower work performance even after returning to work. more
Jobless claims in U.S. plunged more than forecast last week
Applications for unemployment benefits in the U.S. plunged more than forecast last week unwinding a surge caused by the Easter holiday and spring break at schools. more
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
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
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. stock futures climb as investors await budget, Fed minutes
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will gain for a third day, before President Barack Obama submits his budget to Congress and the Federal Reserve releases minutes of its March meeting. more
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