Economic Indicators
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Rhode Island single-family home sales rose 15 percent in the second quarter of 2013 compared with the same period last year and the median price of those sales increased 10 percent, the Rhode Island Association of Realtors said Tuesday. more
The fewest workers applied for U.S. unemployment benefits over the past month since before the last recession, indicating the labor market is making progress. more
Construction employment in Rhode Island rose 5.3 percent in October compared with the same period last year, adding 800 jobs for a total of 16,000 jobs, the Associated General Contractors of America reported Friday. more
The Providence-Warwick metro area ranked No. 182 out of 381 metro areas across the nation for economic growth during 2012, according to data released Tuesday by the U.S. Bureau of Economic Analysis. more
Financial conditions tightened after the first face-to-face talks between President Barack Obama and congressional leaders failed to break the budget logjam as a partial U.S. government shutdown entered its third day. more
U.S. stocks fell, after the Standard & Poor’s 500 Index approached a record high, as investors awaited a Federal Reserve announcement on the prospects for monetary stimulus. more
The unemployment rate in Rhode Island and the Providence-Fall River-Warwick metropolitan area dropped in August compared with the same period last year, according to U.S. Bureau of Labor Statistics non-seasonally adjusted data released Monday. more
U.S. stocks fell, with the Standard & Poor’s 500 Index headed for its first weekly drop since August, amid concern the budget impasse will hurt economic growth in the world’s largest economy. more
The share of banks more willing to lend to consumers has been declining, a trend that threatens retail-sales growth. more
Rhode Island’s unemployment rate dipped slightly to 9 percent in November from 9.2 percent in October, and dropped a whole percentage point compared with last November’s figure of 10 percent, according to statistics released Thursday by the R.I. Department of Labor and Training. more
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