Updated May 31 at 10:31am
Economic Indicators
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Consumer spending climbed in April by the most in almost seven years, a sign U.S. households are ready to help jump start growth after a first-quarter slowdown. more
The Ocean State had the second-highest seasonally adjusted unemployment rate in New England in April at 5.3 percent, behind only Connecticut at 5.7 percent, the state Department of Labor and Training said this week. more
Consumer confidence in the U.S. climbed less than forecast in May as Americans were a little less ebullient about the economy’s prospects in the runup to the presidential election. more
The U.S. economy expanded at a slightly faster pace in the first quarter than previously estimated, reflecting less damage from trade and inventories. more
Consumer confidence retreated last week as Americans became less upbeat about their household finances and the state of the economy, the weekly Bloomberg Consumer Comfort Index showed Thursday. more
Jobless claims fell for a second week, indicating the surge at the start of May reflected temporary dismissals. more
A substantial share of Americans lacked retirement savings and fewer households were confident in the outlook for their income at the end of last year. more
U.S. home prices rose 5.7 percent in the first quarter from a year earlier as buyers competed for a limited supply of listings. more
Foreclosure rates in the Providence-Warwick-Fall River metropolitan area declined 0.11 percentage points in March, to 1.6 percent from 1.71 percent a year ago, CoreLogic said Tuesday. more
Single-family home sales jumped 34.7 percent in April to 4,278 - the best percentage gain in four years, The Warren Group said Tuesday. more
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