Tag: Economy
Retail sales surge 3.8% in Jan. as threat of omicron eases
NEW YORK (AP) – Americans picked up the spending pace in January as the threat of omicron faded and there was some easing of supply...
U.S. inflation jumped 7.5% in the past year, a 40-year high
WASHINGTON (AP) – Inflation soared over the past year at its highest rate in four decades, hammering America's consumers, wiping out pay raises and...
U.S. taste for imports drives 2021 trade gap to record $859B
WASHINGTON (AP) – The U.S. trade deficit soared to a record $859.1 billion last year as Americans splurged on foreign-made electronics, toys and clothing...
PBN Economic Trends Summit to be held Feb. 10
PROVIDENCE – The PBN Economic Trends Summit will be held on Feb. 10 from 9 a.m. to 11 a.m.
The virtual summit will discuss the...
U.S. employers shrug off omicron, add 467,000 jobs in January
WASHINGTON (AP) – U.S. employers added a burst of 467,000 jobs in January despite a wave of omicron inflections that sickened millions of workers,...
U.S. jobless claims fall for 2nd straight week
WASHINGTON (AP) – After three consecutive weeks of unemployment claims that appeared to rise in tandem with omicron, fewer Americans applied for unemployment benefits...
Inflation inequality is a thing, and it’s getting worse
The fastest rate of inflation in 40 years is hurting families across the U.S. who are seeing ever-higher prices for everything from meat and...
Lardaro: CCI shows strong performance in Nov., but return to normalcy...
PROVIDENCE – The Rhode Island economy continued to see expansion for the eighth consecutive month in November, with Current Conditions Index indicators registering strong...
Supply shortages and emboldened workers: A changed economy
Employees at a fast-food restaurant in Sacramento, Calif., exasperated over working in stifling heat for low wages, demanded more pay and a new air...
Rhode Island can keep getting better
(Editor’s note: This essay is part of PBN’s 35th anniversary publication, which can be viewed here.)
Rhode Island has come a long way in the...
- Featured Event -
