Updated May 6 at 2:06pm
Economic Indicators
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(Updated 3:32 p.m.) Rhode Island’s jobless rate fell to 5.6 percent in August, a two-tenths of a percentage point drop from July and 1.8 percentage point decline from August 2014, the state Department of Labor and Training reported on Thursday. more
Treasuries gained after the Federal Reserve held interest rates near zero. more
The University of Massachusetts set fiscal year fundraising records in 2015, with all five campuses, including UMass Dartmouth, experiencing increases. more
Prices paid by American households declined in August as cheaper gasoline helped keep inflation below the objective of Federal Reserve policy makers. more
The R.I. Department of Revenue said fiscal 2015 total general revenue exceeded final enacted fiscal 2015 revenue estimates by $23.9 million, or 0.7 percent. more
Rhode Island had the fourth-highest percentage of mortgaged residential properties in negative equity at 13.8 percent in the second quarter, according to data released Tuesday by CoreLogic. more
Retail sales in the U.S. climbed for a second straight month, a sign consumers may be looking past recent volatility in financial markets. more
Among the 150 largest cities in the country, Providence ranks in the bottom half when it comes to how well it has recovered since the Great Recession ended six years ago. more
Rhode Island’s economic momentum, measured monthly by economist Leonard Lardaro, has met or exceeded year-earlier values five months in a row, a clear indication of progress. more
Rhode Island ranked seventh among the states and the District of Columbia for having the highest amount of state and local debt per capita in the 2012 fiscal year at $11,362 per person, according to information from the Tax Foundation. more
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