Economic Indicators
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Orders for durable goods unexpectedly slumped in December by the most in five months, reflecting a broad-based retreat that raises the risk business investment will cool in early 2014. more
Another year past, another mixed reading of economic progress for Rhode Island. That’s the assessment of Leonard Lardaro, the University of Rhode Island economist who produces the monthly Current Conditions Index measuring the state’s economic performance, or momentum, using a dozen different metrics. more
The U.S. economy expanded in the third quarter at a faster pace than initially reported, led by the biggest increase in inventories since early 1998. Consumer spending slowed. more
Laura Boucher is a 23-year-old registered nurse with the goal of having a full-time job, preferably at Bradley Hospital, because of its focus on mental-health care for children and adolescents. more
U.S. stocks fluctuated between gains and losses, after benchmark indexes rallied to all-time highs yesterday amid optimism over the economic recovery. more
U.S. household debt climbed 1.1 percent during the third quarter as borrowing for mortgages, education, car purchases and on credit cards all increased, according to a Federal Reserve Bank of New York survey. more
New England business owners conveyed strong optimism about prospects in 2014, with sales or revenue increases reported throughout the retail, manufacturing and consulting sectors, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Even as the non-seasonally adjusted unemployment rate for the Providence-Fall River-Warwick metro area stayed at 8.6 percent in November for the second consecutive month, the size of the labor force grew 0.8 percent to 691,500, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
The productivity of U.S. workers rose more than projected in the fourth quarter as the world’s largest economy expanded, helping to restrain labor costs. more
American consumers in 2013 were more upbeat than at any time in the previous six years as views on the economy, finances and the buying climate improved. more
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