Updated March 29 at 12:28am
Economic Activity
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PROVIDENCE – Home prices are on the rise in the Providence-Warwick-Fall River metropolitan area and in Rhode Island, CoreLogic said Nov. 1. The real estate data tracker said home prices increased 5 percent over the year in September in … more
The Rhode Island seasonally adjusted unemployment rate fell to 5.3 percent in November, its third consecutive month-over-month decline and a two-tenths of a percentage point decline from the year prior. more
There has been almost no change in the amount of foreclosure petitions filed by lenders in Massachusetts over the past year. more
U.S. jobs continued to rise at a steady pace in October and wage gains accelerated, signs that the labor market and economy made steady progress at the start of the fourth quarter. more
State general revenue collections crept up modestly in fiscal 2016, boosted by increases in revenue from income and sales taxes and user fees. more
Providence-based Cathedral Development is moving forward with plans to build a 40-unit apartment building on vacant land in Federal Hill. more
Signs with strongly worded messages warning drivers about the hazards of driving under the influence have been a common sight along state highways this holiday season, and are part of the R.I. Department of Transportation’s campaign to save lives. more
The foreclosure rate in the Providence-Warwick-Fall River metropolitan area was 1.4 percent in July, a decrease of 0.26 percentage points compared with July 2015, when the rate was 1.66 percent, CoreLogic said this week. more
Personal income in Rhode Island grew 1.1 percent in the second quarter over the past year, the slowest among the New England states, and lagging national personal income growth of 2 percent during the same period, according to the Fiscal 50 report released Tuesday by The Pew Charitable Trusts. more
Gasoline prices in Rhode Island fell 4 cents this week, and dropped 1 cent in Massachusetts, AAA Northeast said Monday. more
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