Economic Indicators
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(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
The Rhode Island unemployment rate has dropped to 7.9 percent in June, its lowest level since July of 2008, according to the R.I. Department of Labor and Training. Nationally, however, the Rhode Island unemployment rate remains 1.8 percent higher than the U.S. average of 6.1 percent for June. more
The winning candidates in the fall elections may inherit a healthier economy than their campaign slogans suggest. more
Rhode Island communities made no progress toward increasing the affordability of housing last year, HousingWorks Rhode Island at Roger Williams University said Friday in its annual Fact Book. more
Rhode Island’s unemployment rate declined again in July to 7.7 percent, a slight drop compared with June but down almost 2 percentage points year over year, according to the R.I. Department of Labor and Training. more
Rhode Island had the third-highest tax rate on lodging last year, according to HVS Convention, Sports, and Entertainment Consulting’s third annual lodging tax study released this week. more
Home prices increased in Rhode Island in August, according to data released Tuesday by CoreLogic. more
Home cash sales are continuing to fall each month nationwide, according to data firm CoreLogic, which released cash sales data on Tuesday. 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
Private-industry employer costs for employee compensation in New England averaged $34.80 per hour in June, rising 40 cents in a six-month period, according to a quarterly U.S. Bureau of Labor Statistics report released Friday. more
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