Economic Indicators
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Federal Reserve Bank of Boston President Eric Rosengren said the central bank should act to bring down “stubbornly, and unacceptably, high” joblessness that’s been stuck near 9 percent or above since April 2009. more
Rhode Island’s November unemployment rate of 9 percent remained the highest in New England and tied with Nevada for the highest unemployment rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island ranked 40th among the 50 U.S. states and the District of Columbia for overall financial security of its residents in the 2014 Assets & Opportunity Scorecard released Thursday by the Corporation for Enterprise Development. (Updated, 3:10 p.m.) more
As 2013 came to a close, the seasonally adjusted unemployment rate for Rhode Island inched upward to 9.1 percent, a one-tenth of a percentage point increase from 9 percent in November. more
Rhode Island’s December unemployment rate of 9.1 percent ranked as the highest unemployment rate in the country for the second month in a row, the U.S. Bureau of Labor Statistics reported Tuesday. more
Rhode Island ranked a dismal 46th on a ranking of the best and worst states for business, according to Forbes. more
In 2013, Rhode Island businesspeople began to really believe in the recovery. A year earlier, with revenue rising and the Great Recession fading into memory, signs of optimism began emerging among local executives, at least about the prospects for their own enterprises. more
The Providence-New Bedford-Fall River metro area ranked 148th on the 2013 Milken Institute Best-Performing Cities Index, which evaluated local job growth, wages and salaries growth, and high-tech industry performance in 200 metro areas nationwide to assess the overall economic performance of the nation’s cities last year. more
Construction employment in the Providence-Fall River-Warwick metro area rose 5 percent in November compared with the same period last year, adding 900 jobs for a total of 20,800 jobs, the Associated General Contractors of America reported Tuesday. more
Rhode Island exports rose $5.3 million, or 2.9 percent, in November, according to an e-forecasting.com report. more
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