Economic Indicators
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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
Exports from Rhode Island increased 7.4 percent in April, following a 19.9 percent decline in March from February’s record high, according to an international trade statistics report from e-forecasting.com more
Oil slid from the highest close in more than two months as investors sold contracts on speculation that recent gains were excessive amid signs of weakening demand in the U.S, the world’s biggest consumer of crude. more
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
During June and July, economic growth in the New England region “continued to disappoint” as employment growth faltered and the region lost 2,500 jobs in June alone, according to the Beige Book report from the Federal Reserve Bank of Boston. more
New England’s unemployment rate rose 0.3 percentage points from June to July to 7.1 percent, the U.S. Bureau of Labor Statistics announced Friday. more
Rhode Island’s gasoline prices rose 6 cents this week, according to AAA Southern New England. more
The Providence-Fall River-New Bedford area foreclosure rate rose 0.04 percentage points in August compared with the same period last year, Corelogic said Thursday. more
Unemployment rates were lower in August in 325 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to the U.S. Bureau of Labor Statistics. more
Prices of goods imported into the U.S. rose in August for the first time in five months as the cost of petroleum surged. more
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