Economic Activity
936 results total, viewing 471 - 480
New England private-industry employer costs for employee compensation averaged $34.48 per hour in September, the highest in the country, according to a U.S. Bureau of Labor Statistics report issued Friday. The national average of compensation costs in September was $29.23 per hour. more
Retail sales in the U.S. rose more than forecast in November as Americans bought cars and took advantage of discounts going into the holiday-shopping season. more
Foreclosures in the Providence-Warwick metro area declined for the month of October compared with the same period last year, and also dropped slightly compared with a month earlier, according to a CoreLogic report released Monday. more
Consumer spending rose in November by the most in five months as Americans took advantage of store discounts during the year-end shopping season, giving the world’s largest economy a lift. more
The U.S. economy expanded in the third quarter at a faster rate than previously estimated as consumers stepped up spending on services such as health care and companies invested more in software. more
The Federal Reserve announced plans to cut its monthly bond purchases to $75 billion from $85 billion, taking its first step toward unwinding the unprecedented stimulus that Chairman Ben S. Bernanke put in place to help the economy recover from the worst recession since the 1930s. more
The average weekly wage in Providence County rose to $908 in the second quarter of 2013, a 2 percent increase over the same period last year, the U.S. Bureau of Labor Statistics reported Wednesday. more
Gasoline prices rose a penny in both Rhode Island and Massachusetts this week, marking the fifth consecutive week of price increases, according to the weekly survey by AAA Southern New England. more
The index of U.S. leading indicators rose more than forecast in November, a sign the economic expansion will gain traction in the months to come. more
U.S. stocks rose, with the Standard & Poor’s 500 Index poised for its biggest annual advance since 1997, as data showed consumer confidence increased in December and housing prices jumped in October. more
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