Updated July 1 at 11:01am
Economic Activity
1426 results total, viewing 271 - 280
The slowest going in 13 months for service providers including retailers and restaurants indicates a weaker pace for the U.S. recovery from a first-quarter contraction. more
Fewer workers filed applications for unemployment benefits last week, signaling the U.S. job market remains firm even after growth plunged at the start of the year. more
Payrolls climbed in May by the most in five months and worker pay accelerated, showing companies were upbeat about the U.S. economy’s prospects after an early-year slump. more
(Updated, 5:40 p.m.) A package of economic development incentives proposed in the budget of Gov. Gina M. Raimondo will head to the House floor on Tuesday largely intact, with only selected modifications made by lawmakers. more
(Updated 3:02 and 4:51 p.m.) The Senate majority leader said he plans to introduce legislation Thursday that will create a tax stabilization standard for the Interstate 195 redevelopment corridor, one that would provide a 20-year phase-in for taxes. more
Sales of single-family homes in Massachusetts fell by 7.6 percent year over year in April, according to data from The Warren Group, publisher of Banker & Tradesmen. more
The governor said he was never told that Boston’s bid for the 2024 summer Olympics included plans to use an expanded convention center in South Boston, the Boston Business Journal reported. more
(Updated 3:24 p.m.) Room revenue at 10 downtown hotels climbed 25.5 percent in April and 19.7 percent in March, compared with last year, according to Martha Sheridan, president and CEO of Providence Warwick Convention & Visitors Bureau. more
Rhode Island’s defense industry contributed $3.75 billion to the state’s economy in 2013 and supported as many as 33,806 jobs statewide, according to a report released Tuesday by the R.I. Defense Economy Planning Commission. The defense economy generated $1.93 billion in income for Rhode Island households last year as well as $106 million in tax revenue for the state. more
Next year’s tax filing deadline will be April 18, three days later than usual, the state Division of Taxation said Tuesday. more
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