Updated December 8 at 6:27pm
Economic Indicators
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New home construction in the U.S. unexpectedly cooled in January, indicating there is a limit to how much gains in residential real estate will boost growth at the start of 2016. more
Companies in April added fewer workers to U.S. payrolls than economists projected, signaling employment gains may have peaked, according to a private report. more
Gasoline prices are continuing to fall in Rhode Island and Massachusetts, tumbling another 2 cents and 4 cents, respectively, AAA Northeast said. more
Consumer sentiment declined in February to a four-month low as declining stock prices and weaker global conditions weighed on Americans’ views of the economy. more
Revenue exceeded expectations by 1.7 percent for the first seven months of the fiscal year, the state Department of Revenue said Wednesday. more
The fewest Americans since 1973 filed for unemployment benefits last week, a sign that the U.S. labor market is getting tighter. more
Jobless rates were lower in 322 of the nation’s 387 metropolitan areas in November, including in the Providence-Warwick metro, which saw unemployment fall to 4.9 percent from 6.3 percent in November 2014, according to statistics released by the federal Bureau of Labor Statistics this week. more
Consumer confidence climbed last week to a more than two-month high as holiday-happy Americans registered their most upbeat assessments of the buying climate since April. more
Sales at U.S. retailers unexpectedly fell in March, raising concern consumer spending is losing momentum. more
Contracts to purchase previously owned U.S. homes unexpectedly fell in November, confirming earlier figures that showed the industry lost momentum toward the end of the year. more
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