Updated February 6 at 6:25pm
Economic Indicators
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For the second month in a row, Rhode Island ranked 35th in the nation for its year-over-year decline in exports. more
Job growth settled into a more sustainable pace in January and the unemployment rate dropped to an almost eight-year low of 4.9 percent, signs of a resilient labor market that’s causing wage growth to stir. more
Cash collections increased 2.5 percent in the first six months of the fiscal year compared with the prior fiscal year period despite a decline in lottery transfer payments, the state Department of Revenue said this week. more
Cash sales accounted for 22.7 percent of total home sales in the Providence-Warwick metropolitan area in October, a 7.9 percentage point decrease from October 2014, CoreLogic said Thursday. more
Consumer confidence cooled in the final week of January as American households tempered their views about the economy and their finances. more
Worker productivity slumped in the fourth quarter by the most in almost two years, leading to a pickup in U.S. labor costs that threaten corporate profits. more
The number of Americans filing applications for unemployment benefits rose last week as employers continued to adjust staffing levels following the holidays. more
Unemployment rates were lower in December than a year ago in 296 out of 387 metropolitan areas in the nation, including in the Providence-Warwick metro, where the rate dropped to 4.9 percent from 6.2 percent, the federal Bureau of Labor Statistics reported Wednesday. more
Service industries expanded in January at the slowest pace in nearly two years, raising the risk that persistent weakness in manufacturing is starting to creep into the rest of the U.S. economy. more
Gov. Gina M. Raimondo on Tuesday released a nearly $9 billion budget proposal that targets increased state investment in education and workforce preparation, as well as economic … more
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