Updated October 24 at 8:24pm
Economic Indicators
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Consumer prices in the U.S. excluding food and fuel climbed more than forecast in February for a second month, adding to signs inflation is moving closer to the Federal Reserve’s target. The overall cost of living fell amid cheaper fuel. more
The rebound in fuel costs pushed up U.S. wholesale prices in May for a second month, overshadowing a drop in pricing power that signals inflation will take time to move toward the Federal Reserve’s goal. more
Cash sales of homes fell to 21.3 percent of the total in July in the Providence-Warwick-Fall River metropolitan area, a 6.2 percentage point decrease from July 2015, CoreLogic said Wednesday. more
The Providence-Warwick metropolitan area ranked 250th out of 358 metropolitan areas nationwide for its 3 percent construction job loss in September compared with September 2014. more
Consumer confidence fell in October to a three-month low as Americans became less upbeat about the labor market. more
(Updated 11:49 a.m.) Massachusetts home sales grew 25.3 percent in September, continuing an upward trend and marking the best September sales month for residential real estate in a decade, The Warren Group, publisher of Banker & Tradesman, said Tuesday. more
Orders for business equipment unexpectedly declined in September as tepid global markets gave American companies little reason to expand. more
Consumer sentiment in the U.S. remained stable last week and close to a three-month high, helped in part by upbeat views of buying conditions. more
The number of Americans filing applications for unemployment benefits rose last week from a three-month low, in part reflecting the typical swings during holiday periods. more
Since 1995, durable goods (cars, televisions, computers and the like) have been getting cheaper in the U.S. That’s even as the prices of services and nondurables have mostly kept rising. The … more
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