Updated July 2 at 5:02pm
Economic Indicators
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(Updated Feb. 24) Rhode Island’s teacher preparation policies are among the strongest in the country, earning the Ocean State an overall grade of B+, according to the National Council on Teacher Quality. more
AAA is predicting that nationwide, a record 98.6 million Americans, including 4.2 million New Englanders, will travel 50 or miles from home during the Dec. 23 to Jan. 4 holiday travel period, marking an increase of 4 percent from last year. more
New-home construction in the U.S. exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market. more
U.S. stocks retreated, after the worst week in more than two years for the Standard & Poor’s 500 Index, as the continuing selloff in oil overshadowed a surge in industrial production and corporate deals. more
The federal Environmental Protection Agency has launched the new Energy Star Home Advisor, an online tool to help consumers save money and improve their homes’ energy efficiency through recommended home improvement projects, according to regional administrator Curt Spalding. more
Gasoline prices plunged again in Rhode Island and Massachusetts this past week due to falling oil prices, 11 cents and 10 cents, respectively, AAA Southern New England said on Monday. more
Industrial production surged in November by the most since May 2010 as U.S. assembly lines churned out more consumer goods and business equipment, signaling manufacturing is bolstering economic growth. more
Economic momentum that had been building in the third quarter came to an apparent standstill in October, according to the latest Current Conditions Index, University of Rhode Island economist Leonard Lardaro said Monday. more
Rhode Island ranks among the worst states for entrepreneurs according to the Small Business & Entrepreneurship Council. more
Compensation costs among private industry employers in New England averaged $35.27 per hour in September, and were the highest among the nine geographic regions in the United States, according to a quarterly report released Friday by the federal Bureau of Labor Statistics. more
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