Economic Indicators
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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
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
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
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. leading economic indicators rise in July
Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July. more
| 8/2/12
Commercial real estate shows ‘signs of improvement’ in 2012
Commercial real estate sales and leasing showed “multiple signs of improvement” in the first half of 2012 compared with the same period of last year, but prices remain stagnant, Capstone Properties said in its midyear survey. more
R.I. in bottom 5 on ULI’s Emerging Trends report
Of the 51 markets covered in the Urban Land Institute’s 2013 Emerging Trends in Real Estate report, Providence ranked 46. more
| 10/22/12
Sales of foreclosed homes in Providence area drop in 2Q
Sales of previously foreclosed homes in the Providence-Fall River-New Bedford area dropped 22 percent in the second quarter compared with the same period last year, RealtyTrac said Thursday. more
U.S. retailers’ store sales top estimates on back-to-school
U.S. retailers including Gap Inc. and Macy’s Inc. posted August same-store sales that topped analysts’ estimates as consumers took advantage of back-to-school promotions. more
R.I. personal income rises 0.8% in 1Q
Personal income in Rhode Island rose 0.8 percent from $46.3 billion during the fourth 2011 to $46.7 billion during the first quarter 2012, according to a new report from the U.S. Bureau of Economic Analysis. more
| 6/27/12
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