Economic Indicators
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Foreclosure starts, deeds fall in Bristol County, Mass., in Feb.
Bristol County, Mass., foreclosure starts dropped 46.8 percent in February while finished foreclosures dropped 46.4 percent compared with the second month of 2012, The Warren Group said Tuesday. more
| 4/2/13
Manufacturing cools in U.S. as government cuts loom
Manufacturing grew less than forecast in March as orders and production cooled, highlighting the risk of a U.S. economic slowdown this quarter as federal budget cuts take effect. more
R.I. gas prices drop for fourth consecutive week
Gasoline prices in the Ocean State dropped 1 cent this week in the fourth consecutive week of price declines, AAA Southern New England reported Monday. more
| 4/1/13
Providence metro ranks No. 66 on list of ‘best places for young adults’
The Providence metropolitan area ranked No. 66 on The Business Journal’s rankings of which of the 102 major markets in the United States are the best places for young adults to start their careers. more
| 4/1/13
S&P 500 rally shows analysts slow or investors too sanguine
The advance that pushed the Standard & Poor’s 500 Index to a record left companies trading closer to analyst price estimates than any time in at least seven years. more
R.I. export growth is broadening
Rhode Island export growth is broadening beyond scrap metal. more

By Patrick Anderson
PBN Staff Writer | 4/1/13

New England jobless rate falls in February
The unemployment rate for New England fell 0.2 percentage points year over year in February to 7 percent, seasonally adjusted, the U.S. Bureau of Labor Statistics announced Friday. more
| 3/29/13
Consumer spending in U.S. increases by most in 5 months
Consumer spending in the U.S. climbed in February by the most in five months as incomes rose, signaling an improving job market is spurring demand. more
Mortgage activity rises in tri-state area in 2012
Overall mortgage activity reached a five-year high in Massachusetts in 2012, with refinance mortgages dominating 83 percent of the market share, according to new data from The Warren Group’s Mortgage MarketShare Module. more
Home prices, sales rise in R.I. in February
Rhode Island single-family home prices rose 11 percent in February compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
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