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
Downgrading Rhode Island’s economic momentum from “precarious” to “tenuous,” University of Rhode Island economist Leonard Lardaro said June’s Current Condition Index “shatters the notion” of economic progress the state seemed to be making. more
After advancing slightly in last year’s ranking, Rhode Island dropped once again to dead last in CNBC’s America’s Top States for Business 2014 report. The 2014 ranking represents the third time in the last four years that Rhode Island came in at No. 50 in the CNBC report, which scored all 50 states on 56 measures of economic competitiveness. more
Economic momentum shifted into a higher gear in Rhode Island in August, a possible turning point in the state’s recovery, University of Rhode Island economist Leonard Lardaro said Monday. more
The Providence metropolitan area ranked second in the nation in the growth of workers with an advanced degree from 2005 to 2013, with a 5.6 percent increase during that period. more
Rhode Island ranks as the least friendly state in the U.S. for small business, according to a new survey by Thumbtack.com of 12,000 entrepreneurs. more
Gasoline prices climbed back up again in Rhode Island this week while the Massachusetts average remained unchanged from a week ago, reflecting volatility in national gas prices, according to the weekly survey by AAA Southern New England. more
Rhode Island moved up 11 spots in a ranking of best states to retire in, compiled annually by personal finance website Bankrate.com. more
The nonprofit Rhode Island Public Expenditure Council released an analysis of Rhode Island’s budget outlook, saying that due to increased revenue and lower-than-anticipated expenditures, the state’s projected opening surplus for fiscal 2015 has been increased to approximately $8.8 million. more
Rhode Island’s economic outlook improved over the last year, but “significant uncertainties and challenges” continue to face the Ocean State, according to a report from the New England Economic Partnership. more
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