Updated February 7 at 6:25pm
Economic Indicators
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The city of Fall River had the highest jobless rate in December of the four cities in the metro area at 9.3 percent, even though it declined 3.4 percentage points from a year ago, according to information released Thursday for the Providence-Fall River-Warwick metropolitan area by the federal Bureau of Labor Statistics. 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
There’s a lot riding on Valentine’s Day for romantics trying to woo their sweethearts - and for the U.S. economy, too. more
More than 1.5 million New Englanders are expected to take road trips Memorial Day weekend, marking the highest number of travelers in 10 years, according to AAA Northeast. 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
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
Foreclosure rates in the Providence-Warwick metropolitan area increased over the year in October, to 1.8 percent from 1.7 percent a year ago, CoreLogic said Wednesday. more
It wasn’t all that bad a year to be a Motown resident, or a software publisher, or even a job seeker without a high school degree. more
For commercial real estate investors, the good times may be over. more
Consumer confidence declined for a fifth consecutive week as Americans grew less upbeat about their finances and whether it was a good time to shop. more
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