Economic Indicators
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Orders placed with U.S. factories rose in June, pointing to further stabilization in manufacturing that may help lift second-half growth. more
Employers added fewer workers than anticipated in July even as the U.S. jobless rate dropped to 7.4 percent, indicating uneven progress in the labor market. more
Manufacturing in the U.S. expanded at the fastest pace in more than two years as orders and production jumped, indicating more factories were growing optimistic about the second half of the year. more
Claims for jobless benefits unexpectedly dropped to the lowest level in more than five years, extending swings typical for the month of July. more
Growth in the Massachusetts economy slowed considerably in the second quarter of 2013, hamstrung in particular by austerity measures by the federal government, local economy journal MassBenchmarks reported in its Current Economic Index Wedneday. more
The economy in the U.S. grew more than projected in the second quarter reflecting an unexpected pickup in inventory building as consumer spending cooled. more
WASHINGTON – Unemployment rates dropped in Providence last month compared to June 2012, the U.S. Department of Labor’s bureau of labor statistics announced Tuesday in its monthly report. The … more
Rhode Island’s rate of mortgaged homes in the process of foreclosure fell to 2.3 percent in June, a 0.7 percent year-to-year decrease, according to a monthly national foreclosure report released Tuesday by property information provider CoreLogic. more
Rhode Island construction employment declined five percentage points between June 2012 and June 2013, according to an analysis of federal employment data released Tuesday by the Associated General Contractors of America. more
Rhode Island single-family home sales rose 15 percent in the second quarter of 2013 compared with the same period last year and the median price of those sales increased 10 percent, the Rhode Island Association of Realtors said Tuesday. more
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