Economic Indicators
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Regional consumer prices rise in March
The Consumer Price Index in the Northeast rose 1.5 percent over the last 12 months to 248.7 in March, according to a report from the U.S. Bureau of Labor Statistics. more
| 4/16/13
R.I.’s momentum slows in Feb.
The first two months of 2013 haven’t seen the economic growth that late 2012’s accelerated recovery might have suggested, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday. more
Foreclosure starts, completions fall in Providence metro in March
March foreclosure starts in the Providence-Fall River-New Bedford area dropped 15.5 percent and completed foreclosures fell 6.9 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 4/12/13
Retail sales in U.S. dropped in March by most in 9 months
Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing. more
American dream eluding under 40s with student debt
Luke Nichter of Harker Heights, Texas, said he’s not a renter by choice. The Texas A&M University history professor’s $125,000 of student debt means he has no hope of getting a mortgage. more
DLT: Private sector saw more job growth in 4Q than estimated
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, shows more growth in the state’s private sector employment during the fourth quarter of 2012 than was originally estimated. more
| 4/11/13
Non-negotiable furloughs increase turnover, hurt firms, says URI
The survey responses of about 200 furloughed state-employed professionals’ who were denied input in managing their time off showed higher emotional exhaustion and lower work performance even after returning to work. more
Jobless claims in U.S. plunged more than forecast last week
Applications for unemployment benefits in the U.S. plunged more than forecast last week unwinding a surge caused by the Easter holiday and spring break at schools. more
U.S. stock futures climb as investors await budget, Fed minutes
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will gain for a third day, before President Barack Obama submits his budget to Congress and the Federal Reserve releases minutes of its March meeting. more
U.S. isn’t broke, dollar won’t fail, Capital Economics says
The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd. more
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