Updated August 28 at 12:28pm
Economic Indicators
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Foreclosure petitions increased again in Massachusetts in June, rising 13.1 percent compared with June 2015, The Warren Group said this week. more
Rhode Island ranked 17th among states – and higher than any other New England state – for its 2.7 percent job growth over the last two years in advanced industries, according to a new report from the Brookings Institution released Thursday. more
The Providence-Warwick-Fall River metropolitan area was among 228 out of 358 metro areas nationwide that experienced construction-employment growth over the year in June. more
Fewer Americans lined up last week to file for jobless benefits, highlighting the persistent strength of the labor market. more
The residential real estate market continued to strengthen in the third quarter, compared with sales last year, with increased activity across all categories of housing types, according to the Rhode Island Association of Realtors. more
The Massachusetts economy will continue to expand over the next six months “at a moderate pace,” but the tightening labor market and slower worldwide economic growth are expected to restrain growth, according to the MassBenchmarks Current Economic Index. more
Home prices in the Providence-Warwick-Fall River metropolitan area increased 5.3 percent over the year in June, according to Corelogic. more
Consumer purchases climbed a bit more than anticipated in June, exceeding a gain in incomes that prompted American households to tap into savings. more
Gasoline prices fell 1 cent in Rhode Island and 6 cents in Massachusetts this week, AAA Northeast said Monday. more
A gauge of the dollar held close to its weakest level in a month after traders pushed expectations for a Federal Reserve interest-rate increase out to at least mid-2017. more
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