Updated January 19 at 12:28am
Economic Indicators
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The cost of living in the U.S. climbed for a fifth month on the back of shelter and fuel prices, pushing inflation closer to the Federal Reserve’s goal. more
Gov. Gina M. Raimondo in her 2017 State of the State Address on Tuesday focused on efforts to help support middle-class Rhode Islanders, through reduction of automobile taxes and a new scholarship aimed at students attending state colleges and universities. more
Warwick has the most sustainable credit card debt in Rhode Island, while Providence has the least, according to WalletHub’s latest survey about cities with lowest and highest credit card debts. more
To say that hopes are high heading into fourth-quarter earnings season would be an understatement. more
The International Monetary Fund is taking a cautious stance toward the policies of U.S. President-elect Donald J. Trump, who takes office this week, assuming only a modest boost to the U.S. economy from his promise of fiscal stimulus. more
For the first time since Thanksgiving, the price of gasoline has fallen in both Rhode Island and Massachusetts, according to AAA Northeast’s latest survey of gas prices, released Monday. more
Among Rhode Island cities, Warwick is the most recovered from the Great Recession, while Pawtucket is the least. more
AAA Northeast said 42 percent of Americans plan to take a vacation this year, with most planning visits to warm weather destinations in the United States and abroad. more
In its first move in three months, Rhode Island’s Current Conditions Index fell to 67 in November from its 2016 high of 75 in October, according to University of Rhode Island economist Leonard Lardaro. more
Rhode Island’s foreclosure inventory rate fell to 1.1 percent in November, a 35.3 percent drop from November 2015, CoreLogic said this week. more
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