Updated May 6 at 10:12am
Economic Activity
1216 results total, viewing 41 - 50
The Providence metropolitan area ranked 20th among the 40 largest metropolitan areas in the nation for its year-over-year home price increase of 4.6 percent in February, according to Black Knight Financial Services. more
Purchases of new homes in the U.S. unexpectedly declined in March for a third month, reflecting the weakest pace of demand in the West since July 2014. more
Sales of single-family homes continued to pick up in March, growing by 23.2 percent over the previous year, according to the Rhode Island Association of Realtors. Median sale prices rose 11.6 percent to $230,000. more
Revenue was $25.3 million more, or 1.1 percent higher, than what was expected through the first nine months of the fiscal year, the state Department of Revenue said Friday. more
Seven finalists have been selected in the 2016 Rhode Island Business Plan Competition, and their proposed businesses address problems in biotechnology, consumer, health care, information technology and the manufacturing industries. more
Cash sales in the Providence-Warwick metropolitan area fell 9.1 percentage points over the year to 22.8 percent of total home sales in January, CoreLogic reported Friday. more
Sears Holdings Corp., the struggling retailer run by hedge fund investor Eddie Lampert, will shut almost 80 stores as part of a push to make the company profitable again. more
Consumer confidence fell last week even as Americans became a bit more sanguine about the economy’s prospects. more
Citizens Financial Group Inc. on Thursday reported first-quarter profit grew 6.7 percent to $223 million, or 41 cents per diluted share, compared with $209 million, or 38 cents per diluted share, in the first quarter of last year. more
Jobless claims unexpectedly decreased to the lowest level since 1973 as the U.S. labor market remains a pillar of support in the world’s largest economy. more
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