Updated June 30 at 5:30pm
Economic Indicators
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Rhode Island’s unemployment rate dropped in December to 6.8 percent, the lowest rate for the state since March 2008, the R.I. Department of Labor and Training has reported. more
Sometimes it just feels good to be bad. After years of recession-imposed restraint, American consumers have more cash in their pockets, and some of it is going to our favorite guilty pleasures. more
Rhode Island again ranked 20th among the 50 states in export growth for the first eight months of 2014, posting a 5.1 percent increase in foreign sales compared with the prior-year period, according to e-forecasting.com. more
Cash sales made up 28.8 percent of total home sales in Rhode Island in November, a year-over-year drop of 15.28 percent, according to data firm CoreLogic. more
Workplace trends that favor urban office settings continued across New England cities in 2014, as companies sought premium space that offers convenience and efficiency for employees, according to CB Richard Ellis-New England executives. more
The Providence metro area ranked 30th among the top 40 metros for home price increase in the 12 months ended October 31, according to Black Knight Financial Services’ Data and Analytics Division. more
New-home construction in the U.S. exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market. more
Rhode Island’s financial profile has improved following the economic downturn, but weak economic and demographic trends, paired with large combined debt and pension liabilities, remain sources of credit pressure, according to Moody’s Investor Service. more
Hotel tax collections, and meal and beverage tax collections increased on a year-over-year and fiscal year-to-date basis, according to the state Department of Revenue. However, … more
Rhode Island is receiving more than $328,000 this year from the U.S. Department of Labor under a layoff prevention law established by Congress in 2012 through the efforts of U.S. Sen. Jack F. Reed. more
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