THE CURRENT PERFORMANCE
 OF RHODE ISLAND'S ECONOMY


 
 
SELECTED INDICATOR SUMMARY (Seasonally Adjusted)*
2006M09 2007M08 2007M09
CURRENT CONDITIONS INDEX (out of 100) 67 33 42
Payroll Employment  (thous) 495.5 499.5 499.8
% change (y/y) 0.7% 1.2% 0.9%
Construction Employment (thous) 23.1 24.2 24.2
Manufacturing Employment (thous) 52.4 51.1 51.0
Manufacturing Wage ($) $13.45 $13.93 $13.95
Service-Producing Employment (thous) 420.0 424.2 424.6
Retail Trade Employment (thous) 51.9 51.9 52.0
Information Employent (thous) 10.8 11.1 11.0
Financial Activities Employment (thous) 35.8 36.0 36.0
Professional & Business Service Employment (thous) 57.0 59.1 58.8
Education and Health Employment (thous) 97.5 99.1 99.1
Leisure & Hospitality Employment (thous) 50.6 51.1 51.8
Other Service Employment (thous) 23.1 23.1 23.5
Government Employment (thous) 64.9 64.5 64.2
Single-Unit Housing Permits (AR) 1,031.1 1,262.1 1,239.9
% change (y/y) -43.4% -18.8% 20.2%
Unemployment Rate (%) 5.1 5.1 4.9
Labor Force (thous) 579.0 571.0 580.6
Resident Employment (thous) 549.3 542.1 552.0
Initial Claims (thous, AR) 82.2 85.2 87.6
% change (y/y) 15.8% 7.1% 6.6%
Retail Sales (bil $) $12.933 $12.131 $12.538
% change (y/y) 6.1% -3.2% -3.1%
US Consumer Confidence 88.0 85.1 86.0
% change (y/y) 11.2% 1.9% -2.3%
*AR denotes annual rate. % change is year-over-year (y/y)