Updated February 19 at 6:24am
Economic Activity
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Kathy Vaillancourt is a licensed broker in Massachusetts and Rhode Island who works with Armory Properties, a boutique real estate agency that specializes in historical properties. more
Several new buildings, homes and historic renovations were recognized in December by the Rhode Island chapter of the American Institute of Architects in its 2016 Design Awards. more
An ocean-view condominium at 23 Beach St. was sold for $1,050,000 in late May, Lila Delman Real Estate International announced recently. It was the highest price for a condominium in Narragansett in three years. more
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
One percent hotel tax collections grew 19.3 percent year over year in May, and 14.4 percent during the first 11 months of the fiscal year compared with the same fiscal period a year prior, the state Department of Revenue said this week. more
Worker productivity rose in the third quarter by the most in two years as the economy picked up steam, offering a respite from the weak efficiency gains that have defined the U.S. expansion. 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
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