Economic Indicators
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New businesses on the rise downtown, says business guide
Downtown Providence has seen strong growth in the number of new businesses in the past two years, the Providence Downtown Improvement District reported Wednesday. more
Job-opening gain shows improved labor market
Job openings in the U.S. rose to a four-month high in October, showing companies kept expanding in the face of looming tax increases and budget cuts. more
Bloomberg News | 12/17/12
Jobless claims in U.S. increased 38,000 last week to 368,000
Claims for U.S. unemployment benefits increased more than forecast last week, nearly erasing a slide in the prior two weeks and reflecting the difficulty of adjusting the figures for swings at the start of a year. more
Mortgage rates for 30-year U.S. loans rise to a 6-mo. high
U.S. mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans. more
U.S. stock futures climb as investors await budget, Fed minutes
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will gain for a third day, before President Barack Obama submits his budget to Congress and the Federal Reserve releases minutes of its March meeting. more
U.S. stock futures decline amid earnings ahead of housing data
U.S. stock-index futures fell, after benchmark indexes climbed to five-year highs last week, as investors weighed corporate earnings and awaited a report on existing home sales. more
U.S. isn’t broke, dollar won’t fail, Capital Economics says
The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd. more
R.I.’s momentum slows in Feb.
The first two months of 2013 haven’t seen the economic growth that late 2012’s accelerated recovery might have suggested, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday. more
Home prices rise 1% in the Prov. metro area in Feb.
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 1 percent from February 2012 to February 2013, according to CoreLogic’s Home Price Index. more
| 4/3/13
Clouds clearing, but forecast for R.I. remains dark
The Rhode Island economy has shown some signs of improvement in 2012. more
Guest Column:
Edward M. Mazze and Edinaldo Tebaldi | 12/10/12
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