Updated December 4 at 9:04pm
Economic Indicators
834 results total, viewing 121 - 130
Employers in May added the fewest number of workers in almost six years, reflecting broad cutbacks that may raise concern about U.S. growth and prompt Federal Reserve policy makers to put off an increase in interest rates. more
The unemployment rate in Rhode Island hovered at 5.1 percent, one-tenth of a percentage point higher than the national average of 5 percent in December, having fallen from November’s rate of 5.2 percent, according to figures released by the state Department of Labor and Training on Thursday. more
The U.S. job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies. more
For commercial real estate investors, the good times may be over. more
While a union representing health care workers is upset about approximately 30 positions being eliminated at Our Lady of Fatima Hospital and Roger Williams Medical Center, a spokesman for the hospitals said the layoffs are a response to changing market conditions. more
Federal Reserve officials were divided in July over the urgency to raise interest rates again, with some preferring to wait because inflation remained benign and others wanting to go soon as the labor market nears full employment. more
The rate of Providence-Warwick-Fall River metropolitan area foreclosures among outstanding mortgage loans was 1.3 percent in August, a decrease of 0.52 percentage points compared with August 2015 when the rate was 1.82 percent, CoreLogic said Thursday. more
Rhode Island’s economic growth in February was “tepid at best,” according to Leonard Lardaro, a University of Rhode Island economist. more
Gasoline prices are approaching $2 a gallon for regular unleaded in Rhode Island, and have already slipped below $2 in Massachusetts, AAA Northeast said. more
Federal Reserve policy makers left interest rates unchanged while saying the argument for higher borrowing costs strengthened further amid accelerating inflation, reinforcing expectations for a hike next month. more
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