Economic Activity
878 results total, viewing 211 - 220
Sales of single-family homes in Massachusetts dropped 7 percent in May year over year, real estate data tracking firm The Warren Group reported Tuesday. more
Home prices in the Providence metro area climbed 3.7 percent to $238,000 in April compared with $230,000 during the same period last year, Black Knight Financial Services reported Monday. more
Gas prices surged 3 cents in Rhode Island this week and 4 cents in Massachusetts as concerns about militant extremists causing unrest in Iraq affected oil and gasoline prices nationwide, AAA Southern New England reported. more
Rhode Island added 1,100 construction jobs between May 2013 and May 2014, an increase of 6.8 percent that ranked the state 12th in the country for highest percentage of construction jobs gained year over year, the Associated General Contractors of America reported. more
Purchases of previously owned U.S. homes rose in May by the most in almost three years, a sign the industry is stabilizing after a weather-depressed quarter. more
Passenger traffic at T.F. Green Airport declined 7.8 percent in May, the largest year-over-year drop for a single month so far this year, according to numbers released Friday by the R.I. Airport Corporation. more
The two-year-old U.S. housing recovery is faltering. The Mortgage Bankers Association on Wednesday lowered its forecast for combined new and existing home sales in 2014 to 5.28 million - a decline of 4.1 percent that would be the first annual drop in four years. more
Rhode Island’s May unemployment rate of 8.2 percent was the highest in the country for a seventh consecutive month, but Rhode Island was also one of 32 states with year-over-year unemployment rate declines designated statistically significant, the U.S. Bureau of Labor Statistics reported Friday. more
Standard & Poor’s Ratings Services has upgraded Providence’s “BBB” credit outlook from stable to positive to reflect Mayor Angel Taveras’ efforts to improve the city’s fiscal management practices and general fund balance, Taveras’ administration announced Friday. more
U.S. stocks rose, extending a record for the Standard & Poor’s 500 Index, as Federal Reserve comments spurred optimism that the economic recovery will accelerate. more
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