Economic Indicators
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The economy in the U.S. expanded in the third quarter at a faster pace than forecast, led by the biggest increase in inventories in more than a year as household purchases and business investment slowed. more
U.S. stocks advanced, with the Standard & Poor’s 500 Index poised for a record close, as investors awaited data this week on jobs and economic growth for clues on when the Federal Reserve will cut stimulus. more
Service industries in the U.S. expanded in October at a faster pace than forecast, showing the biggest part of the economy was holding up as the federal government shut down. more
Single-family home sales in Rhode Island rose 19 percent in the third quarter compared with the same period last year, and the median sales price rose 10 percent, according to Rhode Island Association of Realtors data released Tuesday. more
Fewer Americans filed applications for unemployment benefits last week as a backlog in California’s reporting cleared. more
U.S. stocks fluctuated after the Federal Reserve decided to press on with $85 billion in monthly bond purchases, even as it sees “growing underlying strength in the economy.” more
Home prices in the Providence-New Bedford-Fall River metro area rose 4 percent in the second quarter compared with the same period last year, according to the CoreLogic Case-Shiller Home Price Index released Wednesday. more
The cost of living in the U.S. rose as projected in September as fuel charges climbed, capping the smallest year-to-year gain in five months. more
U.S. stocks rose, extending a record for the Standard & Poor’s 500 Index, as weaker-than-forecast data on factory output and housing fueled bets the Federal Reserve will maintain stimulus at its policy meeting. more
Rhode Island exports rose $21.5 million, or 14.1 percent, in August, according to an e-forecasting.com report released Oct. 25. more
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