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Rhode Island
Wednesday, December 19, 2018

Economic Activity

JOHN C. SIMMONS, executive director of the Rhode Island Public Expenditures Council. RIPEC released a fiscal 2016 expenditure assessment Friday. / PBN FILE PHOTO/RUPERT WHITELEY

RIPEC: R.I. FY16 direct general expenditure ranks in highest half of...

PROVIDENCE – In fiscal 2016, Rhode Island was among the top half of highest spending states in the nation per $1,000 of personal income...
Where Rental Housing is Most Affordable
Among metropolitan areas of 1 million people or more, 2017 / SOURCE: U.S. CENSUS BUREAU
*This is income of renter households, not all households.

Renters in R.I. find housing more affordable than in most of...

Where is housing least affordable in the United States?The most-cited measure has been the National Association of Realtors’ affordability index, which tracks whether median-income...

Mortgage delinquency rate in R.I. declines to 4.9% in September

PROVIDENCE – Mortgage delinquency of 30 days or more in Rhode Island declined 0.7 percentage points year over year to 4.9 percent in September,...
A RECORD NUMBER of year-end holiday travelers are expected this year. / BLOOMBERG NEWS FILE PHOTO/JAMIE RECTOR

AAA expects record number of travelers for year-end holidays

PROVIDENCE – A record number of people are expected to travel for the year-end holidays this year, according to AAA Northeast Thursday.Approximately 112.5 million...
U.S. JOBLESS CLAIMS declined to to 206,000 last week . /BLOOMBERG NEWS FILE PHOTO/GABBY JONES

U.S. jobless claims fall to 12-week low amid tight labor market

NEW YORK - United States filings for unemployment benefits fell last week to the lowest since September, returning to hover near an almost five-decade...
U.S. DEBT was a record $21.9 trillion to start the week. / BLOOMBERG NEWS

Federal debt is surging at fastest pace since 2012

NEW YORK - United States government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails...

U.S. CFOs overwhelmingly expect a recession within 2 years

NEW YORK - United States chief financial officers expect a recession as soon as next year, adding to signs that the outlook is souring among...
WASHINGTON COUNTY had the highest percent GDP growth from 2014 to 2015 in Rhode Island while Providence County accounted for the majority of all GDP in the state. Meanwhile, Bristol County, Mass., GDP was larger than all counties' GDP in Rhode Island, except Providence County. / COURTESY BUREAU OF ECONOMIC ANALYSIS

Report: Providence County accounts for majority of GDP in R.I., Washington...

PROVIDENCE – Providence County accounted for more real gross domestic product in Rhode Island than all other counties combined in 2015, according to a...
UNITED STATES CPI inflation slowed to 2.2 percent in November. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Underlying U.S. inflation picks up to keep Fed hike on track

NEW YORK - A key measure of United States inflation picked up as expected in November on rising costs for housing, medical care and used...
MORTGAGE DELINQUENCY in Rhode Island declined 0.7 percentage points to 4.9 percent in September. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

Mortgage delinquency rate in R.I. declines to 4.9% in Sept.

PROVIDENCE – Mortgage delinquency of 30 days or more in Rhode Island declined 0.7 percentage points year over year to 4.9 percent in September,...
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