Updated October 13 at 6:13pm
Economic Indicators
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The city of Fall River had the highest jobless rate in December of the four cities in the metro area at 9.3 percent, even though it declined 3.4 percentage points from a year ago, according to information released Thursday for the Providence-Fall River-Warwick metropolitan area by the federal Bureau of Labor Statistics. more
Mortgage rates in the U.S. jumped from a 20- month low as the job market gained momentum. more
Sales at U.S. retailers fell more than forecast in January, reflecting smaller receipts at gasoline stations and declines at clothing and sporting goods stores. more
Applications for unemployment benefits climbed last week to a level that’s consistent with progress in the U.S. labor market. more
State lawmakers told business executives and representatives Wednesday that they share their sense of urgency in finding ways to stimulate Rhode Island’s sputtering economy. more
Rhode Island’s leading economic indicator index rose 0.2 percent in December, after advancing 0.3 percent in November, according to the Providence Business News/e-forecasting.com Leading Economic Indicator Index. more
Cash sales made up 28.8 percent of total home sales in Rhode Island in November, a year-over-year drop of 15.28 percent, according to data firm CoreLogic. more
Rhode Island’s foreclosure inventory was 1.7 percent in December, a half a percentage point drop from a year ago, according to data firm CoreLogic. more
Job openings in the U.S. rose to the highest level since 2001 as employers faced improving demand for their goods and services. more
Rhode Island’s economy grew at a slower rate than that of the United States in 2013, despite an improving employment picture, according to a small business profile that the Office of Advocacy within the U.S. Small Business Administration released recently for all 50 states. more
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