Tag: October
U.S. economy expanded at sluggish 0.7% in fourth quarter, government says,...
WASHINGTON (AP) – The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through...
Prices ticked up in November as Americans keep spending, a key...
WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated, while consumers...
Lardaro: R.I. remains in a recession
PROVIDENCE – Rhode Island remains in a recession, University of Rhode Island economist and professor Leonard Lardaro said Wednesday in his monthly Current Conditions Index report.
The index had a contractual value of 33 in October,...
Cotality: R.I. home price index jumps 3.5% year over year, 2nd-highest...
PROVIDENCE – The Rhode Island home price index increased 3.5% year over year in October, the second-highest growth rate in New England, according to...
Retail sales unchanged in October, hurt by decline in auto sales
NEW YORK (AP) – Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid worries about...
Average U.S. long-term mortgage rate falls to 6.23%, ending a 3-week...
The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields.
The average...
R.I.’s median home price rises to $505K in October
WARWICK – The median sale price of single-family homes in Rhode Island continued to climb in October, rising 4.1% from a year earlier to...
Fed minutes: Most officials supported more rate cuts but not necessarily...
WASHINGTON (AP) – A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to...
Median home price in Bristol County, Mass., up to $530K in...
PROVIDENCE – The median price of single-family homes sold in Bristol County, Mass., increased to $530,000 in October, rising 7.5% from the same month...
Consumer confidence dips modestly in October
WASHINGTON (AP) – Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.
The Conference Board said Tuesday that its...
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