Confidence among U.S. homebuilders in December slipped further away from a decade high, a sign progress in the housing industry may moderate as developers fret over rising costs for lots and labor.
An “inauspicious start” to the fourth quarter is at least not as bad as it could be, as reflected in economic momentum in Rhode Island that slowed in October, according to University of Rhode Island economist Leonard Lardaro.
(Updated 12:01 p.m.)
The Providence-Warwick metropolitan area climbed 31 spots to No. 95 in the Milken Institute’s 2015 Best-Performing Cities report, propelled by growth in wages and high-tech jobs.