Economic Indicators
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U.S. stock futures decline on China data, federal spending cuts
U.S. stock-index futures declined as growth slowed in China’s services industry and American lawmakers signaled federal spending cuts will continue for weeks before they can reach a budget resolution. more
Early signs of a boom in real estate market?
Could we be looking at an early spring this year – not in meteorological terms but real estate? Could the chilly December to February months, which traditionally see fewer buyers out shopping for houses compared with the warmer months that follow, be more active than usual? And if so, what does this mean to you as a potential home seller or buyer? more
2/4/13
Jobless claims in U.S. unexpectedly fall to a 6-week low
The number of Americans who filed for unemployment benefits declined to a six-week low, showing further improvement in the labor market. more
U.S. stocks fall as payrolls rise less than economist estimates
U.S. stocks tumbled, extending the biggest weekly drop of the year for the Standard & Poor’s 500 Index, after data showed the nation added less than half the number of jobs economists forecast in March. more
Retail sales in U.S. dropped in March by most in 9 months
Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing. more
Emphasis on flawed labor data misses R.I.’s recovery
The December 2012 labor-market data contained a number of very favorable developments. According to the data, Rhode Island’s unemployment rate fell to 10.2 percent, its lowest value in some time. more
Guest Column:
Leonard Lardaro | 1/28/13
Americans’ view on economic outlook climbs to 3-month high
Americans’ views of the economic outlook improved in March to the highest level this year as stock prices rallied to a record high. more
Consumer spending climbs more than forecast on U.S. services
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated, signaling the biggest part of the economy will soften this quarter. more
Consumer spending in U.S. increases by most in 5 months
Consumer spending in the U.S. climbed in February by the most in five months as incomes rose, signaling an improving job market is spurring demand. more
Jobless claims little changed as U.S. job market stabilizes
The number of Americans filing claims for unemployment benefits was little changed last week, signaling the labor market is stabilizing. more
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