Updated February 27 at 6:27pm
Economic Indicators
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Annual revisions released Monday by the U.S. Bureau of Labor Statistics and the R.I. Department of Labor and Training’s Labor Market Information Division show the state’s unemployment rate dipped below 5.0 percent for the first time since May 2007. more
Gasoline prices fell 3 cents in Rhode Island and 1 cent in Massachusetts this week, AAA Northeast said Monday. more
Adrienne Heintz, an Atlanta marketing professional, has discovered a reliable way to earn higher wages, and Federal Reserve economists are taking note. more
The passenger count at T.F. Green Airport declined slightly in January compared with a year earlier, the R.I. Airport Corp. said Friday. more
J.C. Penney Co. plans to shutter as many as 140 stores and trim thousands of jobs, becoming the latest department-store chain to make big moves in a world of lower mall traffic and fierce online competition. more
Reporting on jobs figures is never an easy task. It is one of the reasons that the regular reports on jobs focus on the simple unemployment figure, known to aficionados as the U-3 figure, which is derived by dividing the total number of unemployed … more
Rhode Island’s capital city ranks 20th in the nation for its overall concentration of small businesses at 2,466, according to a study released this week by American City Business Journals. more
The Ocean House hotel, along with its Ocean House Cottage Collection, in the Watch Hill section are the only hotels in Rhode Island to receive Forbes’ highest rating of five stars in its 2017 Travel Guide. more
The number of Americans filing for unemployment benefits increased last week, while staying within a range that shows subdued firings. more
Revenue collections missed expectations for the fiscal year and in January, the state Department of Revenue said Wednesday. more
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