Economic Indicators
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Three years ago, the Rhode Island chapter of the Associated Builders and Contractors Inc. spent nine months getting permit approvals for a small, $30,000 office renovation in Pawtucket that its president says should have taken a month. more
The Northeast regionally Consumer Price Index rose 1.6 percent on a non-seasonally adjusted basis during the 12 months ended in April, a less significant increase than the 2 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
Rhode Island’s troubled labor market continued to impede momentum that in March had otherwise improved across several economic sectors, according to the Current Conditions Index report released Monday by University of Rhode Island economist Leonard Lardaro. more
Rhode Island moved up 11 spots in a ranking of best states to retire in, compiled annually by personal finance website Bankrate.com. more
Treasury 30-year bonds extended their rally this year to 13 percent as Europe’s economic growth lags behind expectations and central bankers around the world make the case for keeping interest rates low. more
BOSTON – Massachusetts lost 1,600 jobs in April but saw its total unemployment rate drop 0.3 percent, to 6 percent, from the March rate, according to the Mass. Bureau of Labor Statistics’ preliminary estimates. more
The R.I. Department of Revenue collected $20.7 million less than expected in April, resulting in a 6 percent monthly total general revenue shortfall compared with the state’s original revenue projections, the department reported Thursday. more
Passenger traffic at T.F. Green Airport declined in April for a fourth consecutive month, dropping 7.6 percent to 305,453 total passengers from 330,423 passengers in April 2013, according to numbers released Tuesday by the R.I. Airport Corporation. more
Sales of previously owned U.S. homes rose in April for the first time this year as the weather warmed, price increases slowed and more properties were put on the market. more
Rhode Island’s economic growth held steady in the first three months of 2014, according to the Rhode Island Current Economic Indicator index released Wednesday by the Rhode Island Public Expenditure Council and Bryant University’s Center for Global and Regional Economic Studies. more
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