Economic Activity
1094 results total, viewing 221 - 230
Purchases of new U.S. homes rose in April for the first time in three months as buyers took advantage of falling mortgage rates. more
Rhode Island restaurants will see a 15.7 percent increase in employment during the 2014 summer season, according to a report released Thursday by the National Restaurant Association. more
“Precarious” is how University of Rhode Island economist Leonard Lardaro characterizes Rhode Island’s economy, following the release Tuesday of a Current Conditions Index that has failed to improve for nine successive months. more
Treasuries fell a third day as the U.S. sold $28 billion of three-year securities at the highest yield since May 2011 amid signs the economic expansion is strengthening. more
(Updated, 5:15 p.m.) Cornish Associates LP has added to its Westminster Street portfolio again. The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development Steve Durkee confirmed Monday. more
Gasoline prices dropped 2 cents in Rhode Island and remained unchanged in Massachusetts this week, according to the weekly survey by AAA Southern New England. more
Applications for unemployment benefits in the U.S. rose to 317,000 last week, holding below this year’s average and signaling sustained progress in the labor market. more
Financial executives in Rhode Island and the surrounding regional market point to increasing optimism about the U.S. economy this year, tempered by concern about intensifying competition in banking, as well as among businesses across the board. more
BOSTON – The Mass. Bureau of Labor Statistics’ preliminary estimates show that Massachusetts added 9,100 jobs in May and the total unemployment rate dropped 0.4 of a percentage point from April’s rate to 5.6 percent. more
Town selectmen have contracted Considine & Furey to help bring a resort casino to Somerset, agreeing to pay the Boston law firm 25 percent of first-year sums from licensed gaming, the Taunton Daily Gazette reported. more
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