Updated August 31 at 12:31pm
Economic Activity
1505 results total, viewing 61 - 70
The residential real estate market in Rhode Island continued along its brisk pace in May, ending the month with a nearly 19 percent increase in sales activity for single-family houses, according to the Rhode Island Association of Realtors. more
The state’s seasonally adjusted unemployment rate fell 1 percentage point year over year in April to 5.3 percent, a level not seen since August 2007, the R.I. Department of Labor and Training announced in its monthly report Thursday afternoon. more
When it comes to income inequality, Rhode Island ranks 28th among the 50 states, according to a report from the Economic Policy Institute, which said income inequality has risen in every state since the 1970s. more
Federal Reserve Chair Janet Yellen offered a subtle change to her outlook from less than a week ago, saying she and her colleagues were on watch for whether, rather than when, the U.S. economy would show clear signs of improvement. more
Federal Reserve officials were divided in July over the urgency to raise interest rates again, with some preferring to wait because inflation remained benign and others wanting to go soon as the labor market nears full employment. more
Genesee & Wyoming Inc. said Monday that it has agreed to acquire Providence and Worcester Railroad Co. for approximately $126 million, or $25 per share. more
U.S. stocks fell Monday, with equities down for a fifth consecutive session, as raw-material and energy shares retreated amid more signs of slowing in China, while biotechnology companies extended last week’s selloff. more
Gasoline prices remained the same this week in Rhode Island, but rose 2 cents in Massachusetts, AAA Northeast said Monday. more
Employers in April added the fewest number of workers in seven months and the U.S. jobless rate held steady as subdued economic growth prompted a more moderate rate of hiring. more
Single-family home prices increased 5.4 percent in May in Rhode Island compared with a year earlier, according to CoreLogic. The real estate data tracker’s Tuesday release also reported that home prices, including distressed sales, increased 5 percent in the Providence-Fall River-Warwick metropolitan area over the year. more
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