Updated September 3 at 1:03pm
Economic Indicators
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Filings for U.S. unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings. more
Most business contacts in the First District reported moderate growth in July and August, the Federal Reserve’s “Beige Book” report showed. more
U.S. stocks advanced, after the Standard & Poor’s 500 Index posted one of its steepest drops this year, amid a respite from a global equities selloff. more
Rhode Island ranked 14th among the 50 states for a 0.1 percent decline year-over-year in exports for the first six months of the year, according to e-forecasting.com. more
Foreclosure petitions and deeds increased year over year in July in Massachusetts, but auctions declined, according to data released Wednesday by The Warren Group, publisher of Banker & Tradesman. more
Companies in the U.S. added 190,000 workers to payrolls in August, figures from the ADP Research Institute in Roseland, N.J., showed Wednesday. more
U.S. stocks joined a worldwide selloff, after equities’ worst month in more than three years, amid continuing concerns that China’s slowdown will weigh on the global economy. more
Manufacturing in the U.S. expanded in August at the slowest pace since May 2013 as anemic demand from emerging markets such as China translated into leaner factory order books. more
Home prices, including distressed sales, increased 4.6 percent year over year in July in the Providence-Warwick metropolitan area, according to CoreLogic. more
The slump that dragged the Standard & Poor’s 500 Index to its worst month since 2012 is set to worsen, U.S. futures indicate, amid continuing concerns about the impact of China’s slowdown on the global economy. more
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