Economic Indicators
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Single-family home sales in Massachusetts fell 2.3 percent to 3,427 sales in April compared with 3,508 sales during the same month last year, real estate data tracking firm The Warren Group reported Wednesday. more
U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. more
The $3.7 trillion municipal market is headed for the longest losing streak since March after localities offered the most bonds in three months. more
Consumer confidence unexpectedly fell in June to a three-month low, adding to signs of a more restrained pickup in the second-quarter economy. more
Rhode Island’s manufacturing industry received poor marks relative to others in the U.S. in the 2014 Manufacturing and Logistics Report released on June 11 by Ball State University’s Center for Business and Economic Research. more
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for its worst week since April, as investors weighed the implications of a corporate debt crisis in Portugal and assessed earnings reports. more
Rhode Island’s average hotel occupancy rate for May increased 4.7 percent over last May, exceeding the 3.6 percent rate for New England, and tourism experts say new and trusted marketing strategies, and pent-up demand are the reason. more
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