Economic Indicators
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Orders for U.S. durable goods decline by most since August
Orders for U.S. durable goods fell in March by the most in seven months as demand slumped for commercial aircraft and business investment cooled. more
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Business formations fall 4% in 1Q
After two consecutive years of year-over-year first-quarter increases in business formations, the number of new businesses created during the first three months of 2013 fell nearly 4 percent compared with the first quarter of 2012, Secretary of State A. Ralph Mollis announced Monday. more
| 4/22/13
U.S. stocks decline as home sales drop amid corporate earnings
U.S. stocks fell, after the biggest weekly drop in five months for the Standard & Poor’s 500 Index, as sales of previously owned U.S. homes unexpectedly declined in March and investors weighed corporate earnings. more
Sales of U.S. existing homes probably climbed for 3rd month
Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market, economists said before a report today. more
R.I. falls to 6th highest unemployment rate in U.S.
Rhode Island’s unemployment rate, which fell to 9.1 percent in March, is now the sixth highest in the United States, the U.S. Bureau of Labor Statistics said Friday. more
| 4/19/13
R.I. jobless rate falls to 9.1%, lowest since Nov. 2008
Rhode Island’s unemployment rate fell to 9.1 percent in March, the lowest unemployment rate for the Ocean State since November 2008, the R.I. Department of Labor and Training announced Thursday. more
| 4/18/13 | 1 comment
Exports from Ocean State fall in February
Exports from the Ocean State fell 15.4 percent in February to $192.9 million on a month-to-month, seasonally adjusted basis after rising 19.3 percent in January, according to an international trade statistics report from e-forecasting.com. more
| 4/18/13
Jobless claims little changed as U.S. job market stabilizes
The number of Americans filing claims for unemployment benefits was little changed last week, signaling the labor market is stabilizing. more
Housing starts in U.S. surge on demand for multifamily units
New-home construction in the U.S. jumped more than forecast in March as multifamily projects climbed to the highest level in more than seven years. more
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