Updated October 7 at 4:07pm
Economic Activity
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Hotel, meal and beverage tax collections increased year over year in July, the state Department of Revenue said Wednesday. more
The IMF warned officials to protect their financial systems from possible instability as the U.S. Federal Reserve prepares to raise interest rates, saying shocks or policy missteps risk derailing the global economy and triggering equity market sell-offs. more
Rhode Island’s economy continued to expand at a slow, but steady, rate in the second quarter, according to the Rhode Island Current Economic Indicator briefing released Wednesday by the Center for Global and Regional Economic Studies and the Rhode Island Public Expenditure Council. more
Rhode Island single-family home sales jumped 23.8 percent in August, making it the best August for sales since 2005, according to The Warren Group, publisher of Banker & Tradesman. more
Rhode Island moved up four spots to No. 25 in the annual Opportunity Index, released Tuesday by the bipartisan national campaign, Opportunity Nation and Measure of America. more
CBRE/Grossman Retail Advisors LLC announced Tuesday it has merged operations with CB Richard Ellis N.E. Partners LP. more
Home prices increased 4.2 percent in August in the Providence-Warwick metropolitan area compared with August 2014, according to data released Tuesday by CoreLogic. more
The U.S. trade deficit widened in August by the most in five months as imports picked up and weaker overseas growth limited sales to customers abroad. more
Rhode Island ranked 28th in the nation for a 4.2 percent drop in exports for the first seven months of the year compared with the same period last year, according to e-forecasting.com. more
Gasoline prices dropped a cent from last week in Rhode Island, while prices in Massachusetts remained the same, according to AAA Northeast. more
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