Economic Indicators
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Report: R.I. must match skills to jobs
In order to turn around the economy, Rhode Island must reduce the overall cost of doing business, change public perception about the unfriendliness of its business climate and face the mismatch of talent with job needs, according to a report from the New England Economic Partnership. more
U.S. stocks little changed after disappointing economic data
U.S. stocks were little changed, with the Standard & Poor’s 500 Index poised for the biggest monthly drop since September, as data showed jobless claims increased and the economy grew more slowly than previously estimated. more
April jobless rate drops in Providence metro
Unemployment rates were lower year over year in April for 342 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
| 5/30/12
Foreclosure initiations surge 31% in Bristol County, Mass.
Lenders in Bristol County, Mass. initiated 31 percent more foreclosures in April than they did during the same period in 2011, The Warren Group said Tuesday. more
Providence area foreclosure rate drops in March
The Providence-New Bedford-Fall River-area foreclosure rate fell 0.50 percentage points in March compared with the same period in 2011, CoreLogic said Tuesday. more
Gas down 6 cents in R.I., 4 cents in Mass.
Rhode Island’s gasoline price dropped 6 cents this week, the sixth week of declines after five consecutive weeks of increases, according to AAA Southern New England. more
Massachusetts adds 2,500 jobs in April
BOSTON – Preliminary April 2012 estimates show that Massachusetts added 2,500 jobs over the month, for a total of 3.24 million jobs, according to the Mass. Executive Office of Labor and Workforce Development’s Bureau of Labor Statistics. more
5/28/12
Education key for long-term solution to unemployment
The most recent state-level employment figures remind us that this economic recovery, like the recession that preceded it, is astonishingly uneven across the United States. more
Guest Column: Edward Glaeser | 5/28/12
R.I. exports up in 1Q but fall in March from February
Exports from Rhode Island plunged 19.9 percent to $212.6 million in March after reaching a record high of $265.5 million in February, according to an international trade statistics from e-forecasting.com. more
Fitch affirms RIAC bonds as ‘A-’ but ‘outlook negative’
The R.I. Airport Corporation's $261 million in general airport revenue bonds were labeled “A-” and given a negative outlook by Fitch Ratings. more
| 5/25/12 | 1 comment
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