Updated April 30 at 5:24am
Economic Activity
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Gasoline prices in Rhode Island and Massachusetts continue to fall, AAA Northeast said Monday. more
(Updated 3:32 p.m.) Rhode Island’s jobless rate fell to 5.6 percent in August, a two-tenths of a percentage point drop from July and 1.8 percentage point decline from August 2014, the state Department of Labor and Training reported on Thursday. more
Passenger traffic at T.F. Green Airport increased in October by 0.01 percent on a year-over-year basis, or 29 passengers, to 314,081, even though airlines provided approximately 3 percent less scheduled seat capacity, according to information from the R.I. Airport Corporation. more
Rhode Island’s jobless rate fell to 5.4 percent in September, a three-tenths of a percentage point drop from August’s revised rate of 5.7 percent, the state Department of Labor and Training reported Thursday. more
The Providence-Warwick metropolitan area ranked 263rd out of 358 metropolitan areas nationwide for its lack of construction job growth in June, according to the Associated General Contractors of America. more
The Providence-Warwick metropolitan area was one of 351 metro areas out of 387 that experienced a year-over-year drop in its jobless rate in June, according to the federal Bureau of Labor Statistics. more
For the second consecutive month in June, Rhode Island had the largest year-over-year percentage-point decline in its unemployment rate among the 50 states and Washington, D.C. more
The foreclosure rate in the Providence-Warwick metropolitan area inched up slightly in January compared with January 2015, CoreLogic said. more
Summer Infant, a maker of products for the newborn to age 3 group, has sued board member and former CEO Carol Bramson as well as two other former company executives and company consultants in federal court alleging theft and misappropriation of trade secrets after it says they were caught “red-handed” by writing about their plans to create a competing company. more
New England had the third-lowest unemployment rate in June among the nine geographic divisions nationwide at 4.8 percent in June, according to the federal Bureau of Labor Statistics. more
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