Economic Indicators
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Manufacturing in the U.S. probably stagnated in July after contracting for the first time in three years, economists said before a report today. more
(Updated, 11:15 a.m.) Revised data from the R.I. Department of Labor and Training showed 7,000 more jobs than originally estimated during the Ocean State’s first quarter. more
The foreclosure rate in Rhode Island dropped 0.5 percentage points in June compared to the same period in 2011, CoreLogic said Tuesday. more
Compensation costs for civilian workers in New England rose 0.4 percent, seasonally adjusted for the 3 months ended June 30, the U.S. Bureau of Labor Statistic reported Tuesday. more
Hotels in Providence reached an 81.4 percent occupancy rate in June, their best rate since October 2004, according to an analysis recently released by Smith Travel Research. more
Oil declined in New York for the first time in five days as European economic confidence worsened, fanning concern that fuel consumption may slow. more
Massachusetts’ real gross state product increased at a 4 percent annualized rate during the second quarter, according to the Current Economic Index report released Friday by MassBenchmarks. more
Downtown Providence office vacancies declined in the first half of 2012, leading to higher asking rents, but impending vacancies in large Class B buildings cast some uncertainty over the market, CB Richard Ellis New England said in its mid-year report. more
Confidence among U.S. consumers dropped in July to the lowest level this year as the labor market and broader economy showed few signs of improvement. more
Exports from Rhode Island plunged 23.1 percent in May, following a 7.4 percent increase in April, according to an international trade statistics report from e-forecasting.com. more
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