Economic Indicators
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Foreclosure starts fall in Providence metro in January
January Foreclosure starts in the Providence-Fall River-New Bedford area dropped 22 percent and completed foreclosures plunged 61 percent compared with the same period last year, RealtyTrac said Thursday. more
Leading economic indicators continue rise in R.I. in Dec.
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 121.4 in December. more
| 2/13/13
Jobless claims in U.S. decreased more than forecast last week
Fewer Americans than projected filed applications for unemployment benefits last week, indicating an improving outlook for the labor market. more
Gas prices continue to rise in R.I., Mass.
Rhode Island’s gasoline prices continued to rise this week, jumping 5 cents to $3.80 per gallon in the fourth consecutive week of price increases, AAA Southern New England said Monday. more
| 2/18/13
Consumer sentiment in U.S. increases to a 3-month high
Consumer confidence in the U.S. rose in February to a three-month high, which may help to preserve recent gains in household spending. more
Providence metro named 25th most expensive in U.S.
The Providence region was the 25th most expensive metro area in the United States in 2012, according to the latest index from the Center for Regional Economic Competitiveness, WPRI.com reported. more
| 2/20/13
DOL gives R.I. Self-Employment Assistance $159K
The U.S. Department of Labor last week awarded $159,734 to the state of Rhode Island to further its Self-Employment Assistance program. more
Raimondo: Financial coaching key
Boosting Rhode Island out of its stagnant economy will not happen overnight, but the mission of Empower RI is to build a solid financial base, one employee and family at a time. more

By Rhonda Miller
PBN Staff Writer | 3/4/13

Revised jobless rate falls below 10%
(Updated, 3:50 p.m.) Rhode Island’s unemployment rate fell to 9.9 percent in December 2012, dipping below 10 percent for the first time in almost four years, according to annually revised data released Thursday by the R.I. Department of Labor and Training. more
MassBenchmarks: Outlook positive, but sequestration is ‘major threat’
After a relatively good year in 2012, the Massachusetts economy is poised for expansion, according to the Leading Economic Index released Tuesday by the MassBenchmarks editorial board, which added that sequestration was a “major threat to state economic growth.” more
| 2/26/13
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