Updated February 10 at 9:49am
Economic Indicators
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Rhode Island is the fourth-most expensive state to get married, according to Thumbtack, with an average cost of $15,233. more
The dollar fluctuated after Federal Reserve Chair Janet Yellen said continued market turmoil may throw the central bank off course from the multiple interest-rate increases that policy makers have forecast for 2016. more
Rhode Island’s foreclosure inventory rate was 1.7 percent in December, which was unchanged from December 2014, CoreLogic said Tuesday. more
Job openings in the U.S. climbed in December to the second-highest level on record, a sign demand for labor remains strong. more
Rhode Island’s leading economic indicator was flat in December, as only three of the nine components that comprise it had a positive contribution: jobless claims, exports of manufactures and interest rate spread. more
Gasoline prices fell 5 cents this week in Rhode Island and 4 cents in Massachusetts, hitting the lowest point in both states since January 2009, AAA Northeast said. more
For the second month in a row, Rhode Island ranked 35th in the nation for its year-over-year decline in exports. more
Job growth settled into a more sustainable pace in January and the unemployment rate dropped to an almost eight-year low of 4.9 percent, signs of a resilient labor market that’s causing wage growth to stir. more
Cash collections increased 2.5 percent in the first six months of the fiscal year compared with the prior fiscal year period despite a decline in lottery transfer payments, the state Department of Revenue said this week. more
Cash sales accounted for 22.7 percent of total home sales in the Providence-Warwick metropolitan area in October, a 7.9 percentage point decrease from October 2014, CoreLogic said Thursday. more
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