Economic Indicators
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Prices paid to American factories and service producers rose in April by the most in more than a year, indicating a diminishing risk of deflation as demand improves. more
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for a weekly drop, as DuPont Co. slid after cutting its earnings forecast while utilities and consumer shares led gains. more
Job openings in the U.S. rose more than forecast in February to a six-year high as employers moved to boost hiring in response to rising consumer demand. more
U.S. stocks fell, after the biggest drop for the Nasdaq 100 Index in two years, as technology and consumer companies extended last week’s slide before the start of corporate earnings season. more
The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand. more
A majority of financial executives in large and middle-market companies on the East Coast are optimistic about economic growth this year, according to a survey of 300 CFOs, comptrollers, treasurers and directors of finance done by TD Bank. more
U.S. stocks climbed, as Internet and small-cap shares rallied while the Dow Jones Industrial Average hit a record, amid deals activity that boosted confidence in the world’s largest economy. more
Editor’s note: This is the second of a two-part series on Providence’s use of tax-stabilization incentives. more
At the Port of Davisville in North Kingstown, 250,000 cars will arrive by ship, rail and truck from major auto manufacturers this year, making it one of the nation’s top unloading spots for auto imports. more
U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. more
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