Economic Indicators
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Foreclosures rise as delinquent payments dip in Prov. metro
The Providence-New Bedford-Fall River metro area foreclosure rate rose 0.16 percentage points in December compared with the same period in 2011, CoreLogic said Wednesday. more
Home sales, prices rise in Bristol County, Mass. in January
Single-family home sales and the median price of those sales rose 9 percent in Bristol County, Mass. in January compared with the same month in 2012, The Warren Group said Tuesday. more
U.S. stock futures advance amid speculation on Japan stimulus
U.S. stock futures rose, following the first weekly drop in the Standard & Poor’s 500 Index this year, on growing speculation Japan will stimulate its economy. more
Real GDP in Providence metro rises 0.9% in 2011
Real gross domestic product increased in 242 of the nation’s 366 metropolitan areas in 2011, including the Providence-New Bedford-Fall River area, according to new statistics released Friday by the U.S. Bureau of Economic Analysis. more
| 2/22/13
Skepticism about U.S. spending seen in consumer stocks
Investors are skeptical that U.S. retail spending will exceed forecasts this year, as some consumer-discretionary stock indexes have yet to reach new multi-year highs relative to their defensive counterparts. more
Regional consumer prices continue to rise in January
The Consumer Price Index in the Northeast rose 1.8 percent over the last 12 months to 247.23 in January, according to a report from the U.S. Bureau of Labor Statistics. more
| 2/21/13
Jobless claims in U.S. rise for first time in three weeks
Applications for unemployment benefits in the U.S. rose last week, returning to levels seen prior to the holiday period and indicating little change in the pace of firings. more
Providence metro named 25th most expensive in U.S.
The Providence region was the 25th most expensive metro area in the United States in 2012, according to the latest index from the Center for Regional Economic Competitiveness, WPRI.com reported. more
| 2/20/13
Work begins on most U.S. single-family homes in 4 years
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more
Revised 3Q job data show 4,900 more jobs in Rhode Island
Job growth in Rhode Island exceeded employment estimates for the third quarter of 2012 by 4,900 jobs, according to a press release from the state Department of Labor and Training. more
| 2/19/13
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