Economic Indicators
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Housing rebound in U.S. boosts Feb. labor numbers
Construction hiring surged in February by the most in almost six years, highlighting the benefits to the U.S. economy from a revitalized housing market. more
Bloomberg News | 3/18/13
Rental units could be steppingstone
Could rental houses owned and managed by deep-pocketed hedge funds and big investors be the post-bust steppingstones to homeownership for huge numbers of renters? more
3/18/13
Regional consumer prices rise 2% in February
The Consumer Price Index in the Northeast rose 2 percent over the last 12 months in February, according to a report from the U.S. Bureau of Labor Statistics. more
| 3/15/13
Prov. metro population increases slightly from ’10
The population of the Providence-Warwick metropolitan area grew by 522 in the past two years, according to new population estimates released by the U.S. Census Bureau. more
| 3/14/13
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
Foreclosure filings drop in 4Q, ’12
A new report from HousingWorks RI showed that 11.2 percent fewer residential foreclosure deeds were filed in Rhode Island during the fourth quarter of 2012 compared with the fourth quarter of 2011 and 36 percent fewer compared with the fourth quarter of 2009. more
| 3/14/13
Consumer comfort in U.S. improves to highest level since April
Confidence among U.S. consumers climbed for a sixth straight week to the highest level since April as a rally in stock prices and improving job market boosted Americans’ view of their finances. more
Sales at U.S. retailers advance by most in 5 months
Sales at U.S. retailers rose in February by the most in five months as an improved job market and stronger household finances cushioned the effect of higher payroll taxes. more
Business leaders optimistic for state’s economic future
Business, government and education leaders leaned toward optimism for the future of Providence and the state of Rhode Island at the annual Economic Outlook Breakfast hosted by Sovereign Bank and the Greater Providence Chamber of Commerce at the Omni Providence Tuesday morning. more
R.I. leading economic indicators edge upward in January
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 122.2 in January. more
| 3/12/13
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