Economic Indicators
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The first quarter of 2013 ended on a “positive” note following a weakening start to the year, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday. more
The cost of living in the United States fell in April for a second consecutive month, the first back-to-back declines in inflation since late 2008, as fuel prices retreated. more
CENTRAL FALLS – Standard and Poor’s Rating Services upgraded the city’s long-term bond credit rating to BB with a stable outlook, Gov. Lincoln D. Chafee announced last week. more
The Rhode Island Current Economic Indicator Index, released by the R.I. Public Expenditure Council and Bryant University’s Center for Global and Regional Economic Studies on Monday, reported that Rhode Island economic growth expanded at a more robust rate than estimated during the first quarter of 2013. more
U.S. stocks were little changed, with the Standard & Poor’s 500 Index poised for a third straight week of gains, as investors weighed the pace of central bank stimulus amid a meeting of finance ministers. more
U.S. stock futures were little changed, after the Standard & Poor’s 500 Index slipped from its all-time high yesterday, as investors weighed the possibility that the Federal Reserve will scale back its stimulus program. more
U.S. policymakers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest budget projections are “credit positive,” according to Moody’s Investors Service. more
BOSTON – Preliminary April 2012 estimates show that Massachusetts added 2,500 jobs over the month, for a total of 3.24 million jobs, according to the Mass. Executive Office of Labor and Workforce Development’s Bureau of Labor Statistics. more
Boosting Rhode Island out of its stagnant economy will not happen overnight, but the mission of Empower RI is to build a solid financial base, one employee and family at a time. more
The U.S. economy will continue to recover until at least 2015 without tumbling into a recession, achieving the sustained growth that has eluded it since the last slump ended four years ago, according to a Bloomberg poll. more
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