Economic Indicators
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R.I. jobless rate falls to 10.4% in Oct., worker total jumps
Rhode Island’s unemployment rate fell to 10.4 percent for October, a drop of one-tenth of a percentage point from September, as the state gained the largest number of employed in one month since 1976. more
R.I. ranks 26th on economic opportunity index
Rhode Island is decidedly average for economic opportunity, according to a new index developed at Harvard University and the University of Pennsylvania and published by The States Project. more
| 11/19/12
Orders to U.S. factories plunge on airplanes, computers
Orders placed with U.S. factories fell in August by the most in more than three years, signaling that slowdowns in business investment and exports restrained the economic expansion. more
Taco commitment to workers pays off
When Taco Inc. of Cranston celebrated the opening of its new Innovation & Development Center on June 18, the official ceremony felt more like a family get-together. Dignitaries mingled with employees, touring the new state-of-the-art facility. John H. White Jr., president of Taco, and his staff, wouldn’t want it any other way. more
Sales of new U.S. homes rose to 2-year high in September
Purchases of new U.S. homes rose in September to the highest level in more than two years as the industry that helped bring on the recession forged its way toward recovery. more
Companies in U.S. increased payrolls by 162,000, ADP says
Companies added more workers than projected in September, evidence the labor market may be perking up, a private report based on payrolls showed. more
Commercial real estate database to be searchable online
Anyone who’s bought or sold a house recently is probably familiar with the Multiple Listing Service in their state, the database where sales and properties for sale, are listed. But for those interested in commercial real estate – potential buyers, sellers, brokers, bankers and insurers – the residential-based system has never quite fit. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

Lardaro: R.I. recovery loses momentum in July
Rhode Island’s economic recovery continues to lose its momentum, most significantly in the manufacturing and retail sectors, according to University of Rhode Island economist Leonard Lardardo's July Current Conditions Index. more
R.I. gas up 4 cents, steady in Mass.
Rhode Island’s gasoline prices rose 4 cents this week, marking the fourth consecutive week of price hikes at the pump, according to AAA Southern New England. more
| 8/27/12
Unemployment rate drops in May
Rhode Island’s unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor reported Friday. more
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