Economic Indicators
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U.S. stock futures fall as retail sales drop
U.S. stock futures fell, following the biggest one-day gain in two weeks for the Standard & Poor’s 500 Index, as a report showed retail sales in the world’s biggest economy unexpectedly dropped for a third straight month. more
Lardaro: R.I.’s recovery continues, slowly
Rhode Island’s economic recovery continues but is doing so at a slower pace, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index. more
Oil rises for third day on China speculation, rising equities
Oil rose for a third day, the longest winning streak in a month, as slowing growth in China fueled stimulus speculation and U.S. equities advanced. more
Revised Bay State data shows job growth in 2011
Due to an analysis of new Massachusetts payroll employment data, MassBenchmarks estimates that the Bay State saw job growth of 1.2 percent between December 2010 and December 2011, compared compared with the 0.3 percent growth originally reported by the U.S. Bureau of Labor Statistics. more
| 7/13/12
Textron sees jet market gain with fewer used planes put on sale
Textron Inc.’s Cessna Aircraft and other business-jet makers stand to benefit as the supply of secondhand small planes on sale returns to normal levels, Chief Executive Officer Scott Donnelly said. more
Underwater mortgages drop 3.4% in 1Q
The number of underwater homes in the Providence-Fall River-New Bedford area dropped 3.4 percent in the first quarter of 2012 from the fourth quarter of last year, CoreLogic said Thursday. more
Foreclosure filings fall 22% in Providence metro
Year over year, foreclosure filings in the Providence-Fall River-New Bedford area fell 22 percent in the first half of 2012 - and 32 percent in June - compared with the same periods in 2011, RealtyTrac said Thursday. more
Stock-index futures decline on concern over global economy
U.S. stock futures dropped, indicating the Standard & Poor’s 500 Index will fall for a sixth day, amid concern the global economy is weakening. more
Ocean State worst for business, again
Rhode Island was ranked the worst state for business in the U.S. for the second year in a row on CNBC’s America’s Top State for Business 2012 report. more
| 7/11/12 | 3 comments
R.I. lost 7% of jobs since recession
Rhode Island has lost 7.42 percent of its jobs since 2007, according to U.S. Bureau of Labor Statistics data analyzed by the Business Journals. more
| 7/11/12
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