Economic Indicators
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R.I. jobless rate falls to 10.4% in Oct., worker total jumps
Rhode Island’s unemployment rate fell to 10.4 percent for October, a drop of one-tenth of a percentage point from September, as the state gained the largest number of employed in one month since 1976. more
Jobless rate drops slightly across New England
New England’s unemployment rate remained essentially unchanged in May, dropping to 6.8 percent compared with 6.9 percent in April, the U.S. Bureau of Labor Statistics announced Friday. more
| 6/15/12
Sales of new U.S. homes rose to 2-year high in September
Purchases of new U.S. homes rose in September to the highest level in more than two years as the industry that helped bring on the recession forged its way toward recovery. more
Commercial real estate database to be searchable online
Anyone who’s bought or sold a house recently is probably familiar with the Multiple Listing Service in their state, the database where sales and properties for sale, are listed. But for those interested in commercial real estate – potential buyers, sellers, brokers, bankers and insurers – the residential-based system has never quite fit. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

RIPEC: State rankings hurt by high cost of doing business
The high cost of doing business in Rhode Island has hurt the state in recent national rankings, according to a new report released Thursday by the Rhode Island Public Expenditure Council. more
| 12/20/12
Companies in U.S. increased payrolls by 162,000, ADP says
Companies added more workers than projected in September, evidence the labor market may be perking up, a private report based on payrolls showed. more
Lardaro: R.I. recovery loses momentum in July
Rhode Island’s economic recovery continues to lose its momentum, most significantly in the manufacturing and retail sectors, according to University of Rhode Island economist Leonard Lardardo's July Current Conditions Index. more
R.I. gas up 4 cents, steady in Mass.
Rhode Island’s gasoline prices rose 4 cents this week, marking the fourth consecutive week of price hikes at the pump, according to AAA Southern New England. more
| 8/27/12
Unemployment rate drops to 10.7% in August
The state’s jobless rate marked a fourth consecutive month of improvement in August, falling to 10.7 percent according to the R.I. Department of Labor and Training. more
Consumer optimism rising with stocks lifts Obama’s odds
Improving consumer moods bolster President Barack Obama’s re-election prospects in a campaign that has been largely fought on economic issues, said Andrew Kohut, president of the Pew Research Center in Washington. more
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