Updated July 24 at 5:27pm
Economic Indicators
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Construction employment fell 0.6 percent in Rhode Island in June, to 16,800 from 16,900 in June 2015, according to the Associated General Contractors of America. more
Passenger traffic at T.F. Green Airport increased 5.1 percent over the year in June, to 317,417 from 301,890, and 4 percent through the first six months of the year, to 1,764,679 from 1,692,204. more
Rhode Island’s seasonally adjusted unemployment rate for June was 5.5 percent, an increase of one-tenth of a percentage point from May, according to data released by the R.I. Department of Labor and Training on Thursday. more
(Updated 12:46 p.m.) Distressed sales accounted for 12.3 percent of all homes sold in Rhode Island in April, and 10 percent of all homes sold in the Providence-Warwick-Fall River metropolitan area that same month, CoreLogic said this week. more
Warwick is the most affordable place to live in Rhode Island, according to a SmartAsset study. more
WORCESTER – The University of Massachusetts Board of Trustees approved a 5.8 percent tuition increase that would raise tuition by an average of $756 this year for in-state undergraduate students to help close an $85 million shortfall. The … more
The number of applications for U.S. unemployment benefits unexpectedly fell last week, reaching a three-month low, indicating the labor market remains steady. more
Consumer confidence in the U.S. fell last week from a nine-month high as households became less optimistic about their finances, the buying climate and the national economy, the weekly Bloomberg Consumer Comfort Index showed Thursday. more
Over the past decade, Americans got a crash course in money management. The financial crisis and the great recession offered a ton of lessons — the dangers of debt being a big one — while making it impossible to ignore the topic of finance. more
Looking at such things as growth in business and gross domestic product, new building permits and municipal bonds per capita, Newport County has the greatest amount of investment in its local economy among Rhode Island’s five counties, according to the latest SmartAsset study. more
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