Economic Indicators
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U.S. industrial production increase is sign of resilience
Industrial production in the U.S. increased in June, led by gains among automobile and machinery makers that signal manufacturing is boosting economic growth. more
Pump prices climb 7 cents
Rhode Island’s gasoline prices rose 7 cents this week. The jump marks the first increase in Ocean State pump prices in 13 weeks, according to AAA Southern New England. more
| 7/16/12
U.S. stock futures fall as retail sales drop
U.S. stock futures fell, following the biggest one-day gain in two weeks for the Standard & Poor’s 500 Index, as a report showed retail sales in the world’s biggest economy unexpectedly dropped for a third straight month. more
Lardaro: R.I.’s recovery continues, slowly
Rhode Island’s economic recovery continues but is doing so at a slower pace, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index. more
Waiting for trains to boost sales
Businesses at the Wickford Junction shopping center in North Kingstown hoping for a customer boost from commuters using the new $44 million train station next door will have to be patient. more
Business travel set to fly higher?
You can tell a lot about the business climate from the way executives travel. In the years before 2008, business leaders needing to meet a client, check out a hot prospect or tour a factory often used their corporate jet to get them there. more
Oil rises for third day on China speculation, rising equities
Oil rose for a third day, the longest winning streak in a month, as slowing growth in China fueled stimulus speculation and U.S. equities advanced. more
Revised Bay State data shows job growth in 2011
Due to an analysis of new Massachusetts payroll employment data, MassBenchmarks estimates that the Bay State saw job growth of 1.2 percent between December 2010 and December 2011, compared compared with the 0.3 percent growth originally reported by the U.S. Bureau of Labor Statistics. more
| 7/13/12
Textron sees jet market gain with fewer used planes put on sale
Textron Inc.’s Cessna Aircraft and other business-jet makers stand to benefit as the supply of secondhand small planes on sale returns to normal levels, Chief Executive Officer Scott Donnelly said. more
Underwater mortgages drop 3.4% in 1Q
The number of underwater homes in the Providence-Fall River-New Bedford area dropped 3.4 percent in the first quarter of 2012 from the fourth quarter of last year, CoreLogic said Thursday. more
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