Economic Activity
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Janet Yellen has spoken publicly at length on the economic outlook or monetary policy seven times since becoming the Federal Reserve chief. Her next address, on June 18, might provide as good a reason as any to buy stocks. more
If the insatiable demand for bonds has upended the models you use to value them, you’re not alone. more
When are Republicans the party of Wall Street outrage and Democrats the voice of deference for high finance? more
U.S. stocks fluctuated, after the benchmark Standard & Poor’s 500 Index rose to a record Thursday, as reports showed consumer spending unexpectedly declined last month while confidence slid more than estimated. more
Unemployment in the Providence-Fall River-Warwick metro area plunged 1.6 percentage points to 7.8 percent in April, non-seasonally adjusted, compared with 9.4 percent a month earlier, the U.S. Bureau of Labor Statistics reported Wednesday. more
Exports from Rhode Island climbed 10.5 percent in March compared with the previous month, ending three consecutive months of export declines, according to an e-forecasting.com report released May 27. more
The economy in the U.S. contracted for the first time in three years from January through March as companies added to inventories at a slower pace and curtailed investment. more
Single-family home sales in Massachusetts fell 2.3 percent to 3,427 sales in April compared with 3,508 sales during the same month last year, real estate data tracking firm The Warren Group reported Wednesday. more
Rhode Island will receive more than $2.7 million to clean up properties in Pawtucket, Providence and Westerly that have been designated “brownfields,” where expansion or redevelopment is prevented due to hazardous pollutants or contaminants, the state’s congressional delegation announced Wednesday. more
Passenger traffic at T.F. Green Airport declined in April for a fourth consecutive month, dropping 7.6 percent to 305,453 total passengers from 330,423 passengers in April 2013, according to numbers released Tuesday by the R.I. Airport Corporation. more
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