Updated May 25 at 11:27pm
Economic Indicators
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A substantial share of Americans lacked retirement savings and fewer households were confident in the outlook for their income at the end of last year. more
U.S. home prices rose 5.7 percent in the first quarter from a year earlier as buyers competed for a limited supply of listings. more
Foreclosure rates in the Providence-Warwick-Fall River metropolitan area declined 0.11 percentage points in March, to 1.6 percent from 1.71 percent a year ago, CoreLogic said Tuesday. more
Single-family home sales jumped 34.7 percent in April to 4,278 - the best percentage gain in four years, The Warren Group said Tuesday. more
Rhode Island had the fifth-highest percentage of mortgages delinquent by 90 days or more in April at 2.15 percent, according to Black Knight Financial Services. more
Gas prices are on the rise again, climbing 7 cents in Rhode Island, and 8 cents in Massachusetts, according to AAA Northeast’s weekly price survey. more
Local 1 percent meal and beverage tax collections, and hotel tax collections increased year over year in February by 15.2 percent and 11.3 percent, respectively. more
The IRS has been so slow to adapt to the rapidly emerging peer-to-peer economy that billions of dollars in taxable income a year are probably going unreported every year, according to a study being delivered to Congress this week. more
Rhode Island had a 7.2 percent year-over-year increase in construction employment in April, placing it 10th highest overall in the nation, the Associated General Contractors of America said Friday. more
(Updated 12:50 p.m.) Rhode Island is one of several states facing “muted revenue growth” in 2016, Moody’s Investors Service said Friday in its report “States – US: State Tax Revenues Still Growing, but at a Slower Pace.” more
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