Economic Indicators
655 results total, viewing 531 - 540
First, the good news. Rhode Island’s economic outlook improved over the last year. The unemployment rate has dropped from a peak of 11.9 percent in March 2010 to 9.7 percent in December 2012 to 7.7 percent in August 2014. Between December 2012 and July 2014, the state added 9,700 jobs. more
Rhode Island had the third-highest tax rate on lodging last year, according to HVS Convention, Sports, and Entertainment Consulting’s third annual lodging tax study released this week. more
U.S. stock-index futures declined, after equities fell the most since April, as concern that slower global growth will hurt the U.S. economy pushed the Standard & Poor’s 500 Index towards its longest streak of weekly losses since January. more
On the eve of a Senate hearing today into whether the Federal Reserve has been “captured” by the institutions it is supposed to regulate, the Fed announced a broad review of its supervision of the largest banks, and a top official acknowledged there’s a danger that examiners could be too easy on them. more
Cyber Monday sales growth is slowing as consumers embrace the convenience of online shopping, spreading out their purchases instead of being lured by one-day specials. more
The Rhode Island Lottery paid $376.3 million to the state’s general fund for the fiscal year that ended on June 30, $2.9 million less than the previous fiscal year, according to the lottery’s audited financial statements. more
Gasoline prices dropped again in Rhode Island and Massachusetts, according to AAA Southern New England’s weekly survey. more
The nonprofit Rhode Island Public Expenditure Council released an analysis of Rhode Island’s budget outlook, saying that due to increased revenue and lower-than-anticipated expenditures, the state’s projected opening surplus for fiscal 2015 has been increased to approximately $8.8 million. more
The city’s nuisance task force will receive a $250,000 grant to support its efforts to identify and remediate vacant and abandoned properties, among other initiatives, according to a press release from Attorney General Peter F. Kilmartin. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
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