Economic Indicators
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Unemployment in the Providence-Fall River-Warwick metro area plunged 1.6 percentage points to 7.8 percent in April, non-seasonally adjusted, compared with 9.4 percent a month earlier, the U.S. Bureau of Labor Statistics reported Wednesday. more
The $3.7 trillion municipal market is headed for the longest losing streak since March after localities offered the most bonds in three months. more
Tightening supply resulted in fewer single-family and condominium sales in Massachusetts in July, while driving home prices higher, according to the latest statistics released by The Warren Group. more
Rhode Island restaurants will see a 15.7 percent increase in employment during the 2014 summer season, according to a report released Thursday by the National Restaurant Association. more
Although Rhode Island’s unemployment rate posted a significant drop in June to 7.9 percent, the state jobless rate tied with Mississippi as the highest in the country, the U.S. Bureau of Labor Statistics reported Friday. more
Construction employment in the Providence-Fall River-Warwick metro area grew 5 percent year over year last month, adding 1,100 jobs for a total of 22,200 in June, according to an Associated General Contractors of America report. more
Despite its small size compared with many North American metropolises, Providence ranks as the 38th most traffic-congested city in the United States and Canada, according to a new report released by GPS-device manufacturer TomTom. more
The Providence-Fall River-Warwick metropolitan area saw its construction employment increase 5 percent in September to 22,800 jobs, according to the Associated General Contractors of America. more
The Providence-Warwick metro area saw single-family home prices increase 9 percent in March compared with the same month last year, according to the CoreLogic Home Price Index report released Tuesday. more
The nonseasonally adjusted jobless rate for the Providence-Fall River-Warwick metro area dropped four-tenths of a percentage point in September, improving to 7.5 percent from 7.9 percent a month earlier. more
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