Economic Indicators
589 results total, viewing 541 - 550
Rhode Island’s unemployment rate may be the highest in the nation at 8.3 percent, but a lesser-known metric ranks the state sixth highest – and lends insight into the state’s condition, local economists say. more
Wherever the debate about the data in Thomas Piketty’s work on inequality may lead, there’s at least one bright side: The argument itself reflects a desirable shift in the field of economics toward answering questions that matter. more
BOSTON – The Mass. Bureau of Labor Statistics’ preliminary estimates show that Massachusetts added 9,100 jobs in May and the total unemployment rate dropped 0.4 of a percentage point from April’s rate to 5.6 percent. more
Is airline consolidation really so bad for the flying public? On the surface it would seem that way. In 2013, for instance, 85 percent of all U.S. domestic passengers flew on one of just four airlines -– each of which expanded substantially as a result of a merger or acquisition between 2008 and 2013. Meanwhile, between 2007 and 2012, airfares rose 4 percent. Consolidation appears to have reduced competition. more
Rhode Island should be attracting a substantial amount of research and development, considering its mostly urban environment, good public and private universities and its human capital, says Michael Hicks, director of Ball State University’s Center for Business and Economic Research, which last month released its 2014 Manufacturing and Logistics Report. more
The two-year-old U.S. housing recovery is faltering. The Mortgage Bankers Association on Wednesday lowered its forecast for combined new and existing home sales in 2014 to 5.28 million - a decline of 4.1 percent that would be the first annual drop in four years. more
NEW YORK – Fitch Ratings last week affirmed the “B” rating of Woonsocket’s $109 million in outstanding general obligation bonds, assigning the rating outlook as “stable.” more
Two Rhode Island banks posted a higher return on assets than the national average for the first quarter of 2014, according to the Federal Deposit Insurance Corp.’s Quarterly Banking Profile. more
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its biggest drop since April, as Google Inc. advanced and concerns eased over crises in the Ukraine and Middle East. more
It’s bad luck to be born 20 years before a time of high unemployment. It affects your income when you enter the workforce, naturally, but that’s not all. It can keep your earnings relatively low – and chip away at your health and happiness, as well – for a lifetime. more
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