Economic Indicators
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Foreclosures drop, delinquencies rise in Providence metro in July
The foreclosure rate in the Providence-Fall River-New Bedford area fell 0.1 percentage points in July compared with the same period in 2011, CoreLogic said Tuesday. more
| 9/25/12
U.S. foreclosure inventory remains near all-time high
The national foreclosure inventory remains near all-time highs, with 4.12 percent of all active mortgages in the foreclosure pipeline, according to the May Mortgage Monitor report released Monday by Lender Processing Services. more
Sovereign seen unaffected by European fiscal woes
By this time next year, Sovereign Bank will have completed its national transformation to Santander Bank, part of the Spanish-owned Banco Santander SA, one of the largest banks in the world. more
R.I. exports rise 13.2% in June
Exports from Rhode Island rose 13.2 percent in June after plunging 23.1 percent in May, according to an international trade statistics report from e-forecasting.com. more
Pump prices climb 7 cents
Rhode Island’s gasoline prices rose 7 cents this week. The jump marks the first increase in Ocean State pump prices in 13 weeks, according to AAA Southern New England. more
| 7/16/12
Unemployment rate drops in May
Rhode Island’s unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor reported Friday. more
Lardaro: R.I.’s recovery continues, slowly
Rhode Island’s economic recovery continues but is doing so at a slower pace, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index. more
Gas prices continue to slide in R.I., Mass.
Gas prices in Rhode Island dropped another 4 cents this week, marking the fourth consecutive week of declines, according to AAA Southern New England. more
| 11/5/12
MassBenchmarks: State growth outpaces nation in 2Q
Massachusetts’ real gross state product increased at a 4 percent annualized rate during the second quarter, according to the Current Economic Index report released Friday by MassBenchmarks. more
| 7/27/12
State sees 0.8% GDP growth in 2011
Rhode Island ranked No. 32 across the nation for economic growth during 2011, according to data released Tuesday by the U.S. Bureau of Economic Analysis. more
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