Economic Activity
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Textron’s Bell Helicopter breaks ground on new headquarters
Bell Helicopter, the Fort Worth, Texas-based subsidiary of Textron Inc., broke ground on its new global headquarters on Monday. more
| 10/16/12
Regional consumer prices rise 1.7% in September
The Consumer Price Index in the Northeast rose 1.7 percent over the last 12 months to 247.409 in September, the U.S. Bureau of Labor Statistics reported Tuesday. more
| 10/16/12
I-195 Commission worries over budget
The commission managing the former Interstate-195 lands considered the $900,000 in this year’s state budget the minimum needed each year to redevelop and maintain the downtown properties. But I-195 Commission Chairman Colin Kane said Monday that state budget officials have told him they expect that money to last three years. more
LIN Media completes acquisition of New Vision TV stations
LIN Television Corp., the wholly-owned subsidiary of LIN TV Corp., completed its acquisition of 13 television stations or network affiliates from New Vision Television. more
| 10/15/12
Retail sales in U.S. climbed more than forecast in September
Retail sales in the U.S. rose more than projected in September, reflecting broad-based gains that indicate household spending helped bolster economic growth last quarter. more
Fall River shoots for Revolution stadium
Fall River Mayor William A. Flanagan sent a letter to New England Patriots and New England Revolution owner Robert Kraft, inviting the sports magnate to tour the city as he searches for a new home for the soccer team. more
| 10/17/12
WJAR parent company sees losses widen, revenue rise during 3Q
During the third quarter of 2012, Media General Inc. – parent company of WJAR-TV NBC 10 – saw losses widen due to higher expenses but revenue soar due to political advertising and the Olympics coverage. more
| 10/17/12
U.S. stock futures drop as GE, Microsoft results disappoint
U.S. stock futures fell, indicating the benchmark Standard & Poor’s 500 Index will trim its biggest weekly advance in more than a month, as Microsoft Corp. and General Electric Co. posted sales that missed estimates and euro-area leaders agreed on a banking regulation timetable. more
Oil decreases for second day on decline in U.S. equities, Euro
Oil fell for a second day as equities declined and the euro retreated against the dollar. more
New England jobless rate drops to 7% in September
New England’s unemployment rate dropped 0.2 percentage points from August to September to 7 percent, the U.S. Bureau of Labor Statistics announced Friday. more
| 10/19/12
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