Economic Indicators
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U.S. stocks decline amid concern over European debt crisis
U.S. stocks fell, after the Standard & Poor’s 500 Index rose to its highest level since April, amid investor concern European leaders will fail to quell the region’s debt crisis. more
Pump prices continue to rise in R.I., Mass.
Rhode Island’s gasoline prices rose 6 cents this week, according to AAA Southern New England. more
| 8/20/12
Banks use $1.77T stockpile to double treasury buying
The gap between U.S. bank deposits and loans is growing at the fastest pace in two years, providing lenders with more funds to buy bonds and temper the biggest sell-off in Treasuries since 2010. more
New England jobless rate rises to 7.1%
New England’s unemployment rate rose 0.3 percentage points from June to July to 7.1 percent, the U.S. Bureau of Labor Statistics announced Friday. more
| 8/17/12
U.S. stock-index futures are little changed before economic data
U.S. stock futures were little changed, after the Standard & Poor’s 500 Index yesterday reached its highest level since April, as investors awaited reports on consumer confidence and leading economic indicators. more
R.I. unemployment rate drops to 10.8%
Rhode Island’s unemployment rate dropped to 10.8 percent in July, marking the third consecutive month of improvement for the state’s jobless rate, the R.I. Department of Labor and Training reported Friday. more
S&P 500 index climbs to 4-month high while commodities rally
Stocks jumped, sending the Standard & Poor’s 500 Index above its highest close in four months, as Cisco Systems Inc.’s sales topped estimates, U.S. building permits surged and … more
Housing starts in U.S. fall as permits reach 4-year high
New-home construction in the U.S. fell in July, while the number of building permits jumped to the highest level in four years, indicating the industry will keep improving in the second half of the year. more
Regional consumer prices rise 1.1% in July
The Consumer Price Index was essentially unchanged in the Northeast over the last 12 months, rising 1.1 percent to 244.98, the U.S. Bureau of Labor Statistics reported Wednesday. more
| 8/15/12
Report: R.I. economic recovery is slowing
The Rhode Island Current Economic Indicator for the second quarter of 2012 grew 0.4 percent, indicating that the Ocean State’s economic growth has slowed significantly in the first half of 2012, according to a report by Bryant University and the Rhode Island Public Expenditure Council. more
| 8/15/12
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