Updated December 9 at 6:26am
Economic Indicators
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The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending that’s helping cushion the expansion from weakness overseas. more
The foreclosure rate among outstanding mortgage loans in the Providence-Warwick-Fall River metropolitan area fell to 1.42 percent in June, a decrease of 0.22 percentage points from June 2015, CoreLogic said Wednesday. more
Consumer confidence slid in July from the prior month on dimmer views of the U.S. economy’s prospects and lingering concerns among higher-income earners about global market conditions. more
Filings for U.S. unemployment benefits fell last week to the lowest level in five months as the number of firings remained consistent with a solid labor market. more
The U.S. job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies. more
U.S. stocks rose, with gains in banks and drugmakers helping to turn the Standard & Poor’s 500 Index positive for the year as the gauge headed for its longest weekly winning streak since November. more
Self-serve, regular unleaded gasoline is averaging $2.16 per gallon in Rhode Island, unchanged from last week, while the average price rose 4 cents to $2.13 in Massachusetts, AAA Northeast said Monday. more
Consumer confidence eased in the first half of March as lower-income Americans grew more concerned about prospects for the U.S. economy and higher gasoline prices. more
Sales of previously owned U.S. homes dropped more than forecast in February after reaching the second-highest level since 2007 as low inventory levels continue to limit progress in housing. more
Single-family home sales in Rhode Island rose 24 percent in February, and median prices climbed as well, both indications of what the Rhode Island Association of Realtors described as a “robust market.” more
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