Updated August 25 at 6:29pm
Economic Indicators
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Two Federal Reserve officials argued the case for another interest rate increase in interviews on the eve of an eagerly awaited speech by Chair Janet Yellen in Jackson Hole, Wyo., that will be scoured for hints of a move that could come as soon as September. more
Three pieces of economic data released Thursday are good signs for the U.S. economy. more
For the Federal Reserve to succeed in its mandated bid to anchor inflation higher, it needs to overcome a big demographic hurdle: millennials don’t expect prices to rise anytime soon. more
Local 1 percent meal and beverage tax collections increased 3.1 percent year over year in May, and nearly 8 percent when comparing the first 11 months of the fiscal year with the same time frame last year, the state Department of Revenue said Wednesday. more
AstroNova Inc. saw a 10.6 percent increase in profit and 5.9 percent revenue increase in the second quarter that ended June 30. more
Home prices in the U.S. rose 5.6 percent in the second quarter from a year earlier, extending gains that have cut into affordability for many buyers. more
The foreclosure rate among outstanding mortgage loans in the Providence-Warwick-Fall River metropolitan area fell to 1.42 percent in June, a decrease of 0.22 percentage points from June 2015, CoreLogic said Wednesday. more
The number of homes sold in Massachusetts dropped for the first time this year in July, by 12.5 percent compared with July 2015, The Warren Group said Tuesday. more
Purchases of new U.S. homes unexpectedly jumped in July to the highest level in almost nine years, led by soaring demand in the nation’s south and adding to signs of persistent housing-market strength. more
Rhode Island ranked 35th in a listing of all 50 states based on overall economic performance released Monday by Governing, a Washington, D.C.-based media platform that covers politics, policy and management for state and local leaders. more
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