Economic Indicators
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Providence-area home prices fall 3.1% in August
Single-family home prices in the Providence-New Bedford-Fall River area dropped 3.1 percent in August compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
| 10/2/12 | 1 comment
First half of 2012 brought more home sales, lower prices
The real estate market in the first half of this year showed a rise in sales and a decrease in median price from the same six-month period in 2011. more
Textron sees jet market gain with fewer used planes put on sale
Textron Inc.’s Cessna Aircraft and other business-jet makers stand to benefit as the supply of secondhand small planes on sale returns to normal levels, Chief Executive Officer Scott Donnelly said. more
R.I. jobless rate drops to 10.5% in September
The state’s jobless rate marked a fifth consecutive month of improvement in September, falling to 10.5 percent according to the R.I. Department of Labor and Training. more
| 10/18/12
One Financial Plaza fills up as firms consolidate
Occupancy at Providence’s two most recognizable office towers is heading in opposite directions. more

By Patrick Anderson
PBN Staff Writer | 9/17/12

For most, progress too slow to see
Rhode Island’s economic recovery is now moving at a pace too slow for many local business leaders to perceive it. more

By Patrick Anderson
PBN Staff Writer | 9/24/12 | 1 comment

Job openings climb to highest level in 4 years
Job openings in the U.S. rose in June to the highest level in four years, foreshadowing more consistent employment gains in the second half of the year. more
U.S. stocks fall as report shows manufacturing shrank in August
U.S. stocks fell, following a two- week decline in the Standard & Poor’s 500 Index, as data showed American manufacturing contracted in August, fueling concern the economic recovery is slowing. more
Industrial production in U.S. decreases 0.4% on Sandy effect
Industrial production in the U.S. unexpectedly declined in October as superstorm Sandy knocked out power in the Northeast. more
Housing starts in U.S. fall as permits reach 4-year high
New-home construction in the U.S. fell in July, while the number of building permits jumped to the highest level in four years, indicating the industry will keep improving in the second half of the year. more
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