Updated March 28 at 6:28pm
Economic Indicators
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Total general revenue cash collections rose 1 percent when comparing the fiscal year-over-fiscal year period through February, but fell 7.1 percent when comparing February with February 2016, the R.I. Department of Revenue said Tuesday. more
(Updated 4:38 p.m.) The Rhode Island business community is brimming with optimism as it relates to the future of the state’s economy, according to a real-time survey conducted at the Santander Bank and Greater Providence Chamber of Commerce annual economic outlook breakfast on Tuesday. more
A total of 2,639 single-family homes were purchased last month in the Bay State, marking the second year in a row that the number of homes sold exceeded 2,500 in February, The Warren Group said Tuesday. more
CoreLogic released its fourth quarter Housing Credit Index report recently, showing that the average credit score of all borrowers that quarter was 737, and Rhode Island’s was slightly lower at 731. more
Local 1 percent hotel tax collections grew 14.4 percent in the fiscal period through October compared with the prior fiscal period, but fell 0.8 percent when comparing the month of October with October 2016, the R.I. Department of Revenue said last week. more
Gasoline prices in Rhode Island and Massachusetts rose 1 cent from last week, AAA Northeast said Monday. more
The Providence-Warwick-Fall River metropolitan area ranked 30th among the 40 largest metros for home-price growth over the year in January of 5.1 percent, Black Knight Financial Services said Monday. more
Like many Washington lobby groups, the U.S. Travel Association was quick to congratulate the new president on his victory last November. more
The Federal Reserve has room for two more rate increases this year, as the economy seems “reasonably close” to full employment and is likely to gather pace, former Federal Reserve Bank of Atlanta President Dennis Lockhart said. more
A study by Rhode Island Hospital, a Lifespan entity, conservatively estimates that hospitals in the United States incurred a $360 million price tag, in responding to the Ebola crisis in 2014. more
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