Updated February 21 at 9:21am
Economic Indicators
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Federal Reserve Chair Janet Yellen said more interest-rate increases will be appropriate if the economy meets the central bank’s outlook of gradually rising inflation and tightening labor markets. more
The U.S. population keeps shifting to the West and South: as of July 1, 61.6 percent of Americans lived in those two regions, the Census Bureau reported this week. more
Revenue exceeded expectations in November and the first five months of the fiscal year by 2.8 percent and 0.5 percent, respectively, the state Department of Revenue said Friday. more
(Updated 11:41 a.m.) Cash sales accounted for 21.8 percent of total home sales in September in the Providence-Warwick-Fall River metropolitan area, a 0.7 percentage point decrease compared with the rate in September 2015, CoreLogic said Wednesday. more
Purchases of new U.S. homes increased in November to the second-fastest pace in almost nine years as the beginning of a spike in mortgage rates persuaded buyers to quickly sign contracts. more
The Providence-Warwick-Fall River metropolitan area ranked 71st on a list of the 100 best and worst cities for STEM professionals. more
A majority of American adults -- 54 percent -- are bullish on the U.S. stock market for 2017 and almost four in 10 say they anticipate being in a better financial situation during the upcoming year than they are now. more
Providence County’s average weekly wage in the second quarter was $993, $4 higher than the nationwide average and $44 higher than Rhode Island’s average weekly wage, the U.S. Bureau of Labor Statistics said Wednesday. more
The Massachusetts economy is growing at a moderate, but steady, pace, according to the latest issue of MassBenchmarks, the journal of the Massachusetts economy published by the University of Massachusetts Donahue Institute in collaboration with the Federal Reserve Bank of Boston. more
Rhode Island had the seventh-highest percentage of noncurrent home loans in October at 7.3 percent, Black Knight Financial Services said this week. more
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