Updated July 1 at 3:01pm
Economic Indicators
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Jobless rates fell in 333 of the 387 metropolitan areas nationwide over the year in May, including in the Providence-Warwick-Fall River metropolitan area, the federal Bureau of Labor Statistics reported this week. more
(Updated 2:21 p.m.) Rhode Islanders filing unemployment claims are being advised by the R.I. Department of Labor and Training that the Unemployment Insurance Call Center is experiencing one of its busiest stretches of the year due to a seasonal influx. more
U.S. central bankers will take time to judge whether the U.K. vote to leave the European Union affects the outlook for the U.S. economy, said Federal Reserve Vice Chairman Stanley Fischer. more
Factory activity expanded in June at the fastest clip in more than a year, an encouraging sign that American manufacturers are gaining traction. more
TriMark USA LLC, a provider of design services, equipment and supplies to the food service industry, has acquired R.W. Smith & Co. in San Diego, a restaurant equipment and supplies distributor. more
U.S. stocks climbed, with the S&P 500 Index on track for a quarterly advance, as markets showed further signs of stabilizing after wide swings in the wake of Britain’s decision to leave the European Union. more
June 2009 was the end of an era: The most painful downturn since the Great Depression of the 1930s drew to a close, and economic healing got underway. more
The number of Americans who applied last week for unemployment benefits rose to a level that’s still consistent with steady improvement in the labor market. more
Consumer purchases moderated last month after the biggest advance since August 2009 as American households realigned outlays with slower income growth. more
Bankers have a new year to fear: 2018. more
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