Economic Indicators
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Mortgage activity rises in tri-state area in 2012
Overall mortgage activity reached a five-year high in Massachusetts in 2012, with refinance mortgages dominating 83 percent of the market share, according to new data from The Warren Group’s Mortgage MarketShare Module. more
R.I. export growth is broadening
Rhode Island export growth is broadening beyond scrap metal. more

By Patrick Anderson
PBN Staff Writer | 4/1/13

Housing: market shift to sellers?
House hunters diving into the spring real estate market may encounter something unseen since the giddy days of the subprime bubble: a bidding war. more

By Patrick Anderson
PBN Staff Writer | 4/8/13

DLT: Private sector saw more job growth in 4Q than estimated
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, shows more growth in the state’s private sector employment during the fourth quarter of 2012 than was originally estimated. more
| 4/11/13
American dream eluding under 40s with student debt
Luke Nichter of Harker Heights, Texas, said he’s not a renter by choice. The Texas A&M University history professor’s $125,000 of student debt means he has no hope of getting a mortgage. more
R.I.’s momentum slows in Feb.
The first two months of 2013 haven’t seen the economic growth that late 2012’s accelerated recovery might have suggested, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday. more
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Soaring costs hampering U.S. housing rebound
Even as U.S. housing rebounds from its worst downturn since the 1930s, production bottlenecks are pushing up building-materials costs, land prices are rising and skilled labor ready to begin work is hard to find. more

By Rhonda Miller
PBN Staff Writer | 4/29/13

MassBenchmarks: State has ‘excellent’ 1Q
Massachusetts’ real gross state product increased at a 3.9 percent annualized rate during the first quarter, according to the Current Economic Index released Friday by MassBenchmarks. more
| 4/26/13
Productivity cooling as gains from tech boom fade
Four years into an expansion, the productivity of American workers has slowed and some economists say there are few signs it will soon rebound. more
Bloomberg News | 5/13/13
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