Updated March 5 at 5:05pm
Economic Indicators
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Economic momentum shifted into a higher gear in Rhode Island in August, a possible turning point in the state’s recovery, University of Rhode Island economist Leonard Lardaro said Monday. more
The Consumer Price Index in the Northeast remained largely unchanged during the 12 months ended in February, according to a report released Tuesday by the U.S. Bureau of Labor Statistics. more
Gasoline prices rose for a fifth consecutive week in Rhode Island and Massachusetts, mirroring national energy price trends, according to the weekly survey by AAA Southern New England. more
The new year brought mixed economic results in Rhode Island, as discouraging unemployment data offset positive revisions of January payroll estimates, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose six-tenths of a percent in January to 126.3 from 125.5 in December. more
A new website has been launched to encourage Rhode Islanders to shop at locally owned businesses – buylocalri.org. more
The Providence metropolitan area ranked second in the nation in the growth of workers with an advanced degree from 2005 to 2013, with a 5.6 percent increase during that period. more
Rhode Island’s seasonally adjusted unemployment rate fell to 9 percent in February, according to the latest monthly report from the R.I. Department of Labor and Training. Nationally, the U.S. unemployment rate rose one-tenth of a percentage point to 6.7 percent. more
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a record close last week, as investors assessed the strength of the economy and developments in Ukraine. more
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today. more
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