Updated July 7 at 2:07pm
Economic Indicators
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The U.S. debt held by the public is expected to rise to 106 percent of the economy in 2039 from 74 percent this year, largely driven by increases in the cost of health benefits, the Congressional Budget Office said. more
Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to shop for properties ahead of the busier spring selling season. more
Service industries unexpectedly expanded at a faster pace in February, encouraging companies that make up the biggest part of the U.S. economy to take on more workers. more
Rhode Island exporters shipped 10.8 percent more goods in 2014 compared with 2013, beating the national average of 2.7 percent, according to the latest report by e-forecasting.com. more
The index of U.S. leading indicators rose at a slower pace in January, restrained by declines in building permits and factory orders that signal a slower pace of growth. more
Federal Reserve Bank of Chicago President Charles Evans said he needs to see signs that weak U.S. economic growth in the first quarter was temporary before he would feel comfortable raising interest rates. more
For the third week in a row, gasoline prices in Rhode Island increased, jumping another 7 cents to $2.61 per gallon for self-serve, regular unleaded, according to AAA Northeast. more
When Lincoln D. Chafee became governor in January 2011, the unemployment rate for Rhode Island residents was 11.4 percent. By November 2014, it had dropped to 7.1 percent. In the same time frame, … more
Paolino Properties, led by developer Joseph R. Paolino Jr., has bought a 100-space parking lot downtown that the developer says could lead to development of a parking garage or “other commercial opportunities.” more
BROOKLINE, Mass. – Brookline Bancorp Inc. posted profit of $44.9 million for 2014, an increase of 20.8 percent on the 2013 results. Total interest and noninterest income increased 7.5 percent to $236.6 million. The bank attributed the increase to loan growth and improvements in its asset quality. more
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