Economic Indicators
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R.I. ranks No. 37 on best states for businesses list
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
| 5/9/13
Foreclosures fall in Prov. metro in April, but more to come in R.I.
April foreclosure starts in the Providence-Fall River-New Bedford metropolitan area dropped 7.8 percent, and completed foreclosures fell 32.5 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 5/9/13
U.S. stock futures little changed after Dow average tops 15,000
U.S. stock futures were little changed, after the Dow Jones Industrial Average climbed above 15,000 for the first time yesterday, as investors awaited earnings from News Corp. and Monster Beverage Corp. more
Home price index continues to rise in Prov. metro in March
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 1 percent from March 2012 to March 2013, according to CoreLogic’s Home Price Index. more
| 5/7/13
Housing crash fades as defaults decline to 2007 level
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened. more
R.I. leading indicators stagnant in March
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com held steady from February to March with a reading of 122.2. more
| 5/3/13
Jobless rate in Prov. metro continues to fall in March
Unemployment rates fell year over year in March in 306 of the United States’ 372 metropolitan areas, including the Providence-Fall River-Warwick metro, according to the latest non-seasonally adjusted data from the U.S. Bureau of Labor Statistics. more
| 5/1/13
R.I. home sales, prices tick up in 1Q
Rhode Island’s single-family home sales rose slightly – 0.5 percent – during the first quarter of 2013, the Rhode Island Association of Realtors said Tuesday. more
| 4/30/13
R.I. foreclosure inventory falls slightly in March
The foreclosure inventory in Rhode Island dropped slightly from March 2012 to March 2013 to 3.1 percent, CoreLogic reported Tuesday. This means that 3.1 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 4/30/13
Stocks rise as home sales climb amid stimulus optimism
U.S. stocks rose, with the Standard & Poor’s 500 Index heading for its sixth straight month of gains, as pending sales of homes climbed amid optimism central banks will maintain stimulus plans. more
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