Updated October 22 at 6:28pm
Economic Indicators
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Rhode Island ranked 35th in the nation for its 0.6 percent construction growth in September compared with September 2015, Associated General Contractors of America said Friday. more
It might be time to ask your boss for a raise—that is, if you haven’t gotten one already. more
The state’s seasonally adjusted unemployment rate remained unchanged at 5.6 percent in September from August, and similarly unmoved from the September 2015 rate, according to a Thursday release from the R.I. Department of Labor and Training. more
Americans’ economic expectations rose to a nine-month high in October even as households’ current assessments of the economy and buying climate dimmed last week, according to figures in the Bloomberg Consumer Comfort Index released Thursday. more
Federal Reserve Bank of New York President William Dudley repeated that he expects an interest-rate increase by the end of 2016, as the central bank draws closer to reaching its twin objectives of maximum employment and 2 percent inflation. more
Economic activity is continuing at a modest to moderate pace in the First District despite uncertainty about the presidential election, according to the Federal Reserve’s Beige Book report released Wednesday. more
Cash sales of homes fell to 21.3 percent of the total in July in the Providence-Warwick-Fall River metropolitan area, a 6.2 percentage point decrease from July 2015, CoreLogic said Wednesday. more
One percent hotel tax collections grew 19.3 percent year over year in May, and 14.4 percent during the first 11 months of the fiscal year compared with the same fiscal period a year prior, the state Department of Revenue said this week. more
(Updated, 10:12 a.m.) The cost of living in the United States rose at the fastest pace in five months on energy and shelter prices, a sign inflation is getting closer to the Federal Reserve’s goal. more
Output at U.S. manufacturers rose for the third time in four months on production of consumer goods and construction materials, a sign the industry is recovering from a prolonged spell of weakness. more
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