Updated February 19 at 6:24am
Economic Indicators
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(Updated 11:41 a.m.) Cash sales accounted for 21.8 percent of total home sales in September in the Providence-Warwick-Fall River metropolitan area, a 0.7 percentage point decrease compared with the rate in September 2015, CoreLogic said Wednesday. more
Purchases of new U.S. homes increased in November to the second-fastest pace in almost nine years as the beginning of a spike in mortgage rates persuaded buyers to quickly sign contracts. more
The Providence-Warwick-Fall River metropolitan area ranked 71st on a list of the 100 best and worst cities for STEM professionals. more
A majority of American adults -- 54 percent -- are bullish on the U.S. stock market for 2017 and almost four in 10 say they anticipate being in a better financial situation during the upcoming year than they are now. more
Providence County’s average weekly wage in the second quarter was $993, $4 higher than the nationwide average and $44 higher than Rhode Island’s average weekly wage, the U.S. Bureau of Labor Statistics said Wednesday. more
The Massachusetts economy is growing at a moderate, but steady, pace, according to the latest issue of MassBenchmarks, the journal of the Massachusetts economy published by the University of Massachusetts Donahue Institute in collaboration with the Federal Reserve Bank of Boston. more
Rhode Island had the seventh-highest percentage of noncurrent home loans in October at 7.3 percent, Black Knight Financial Services said this week. more
Where can one find the most expensive homes in Rhode Island? Block Island took this title in 2016, topping the million-dollar mark for median sales price, according to The Warren Group, which compiled a list of the most exclusive communities in Rhode Island, Massachusetts and Connecticut, based on sales data. more
Personal spending barely increased in February and the prior month’s advance was revised down as Americans saved more of their incomes. more
The Rhode Island economy continues to improve and grow, if slowly. The state's gross domestic product expanded 1.4 percent in 2015 and is projected to increase 1.2 percent in 2016. The state employed 492,700 workers in November 2016, which … more
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