Economic Activity
921 results total, viewing 381 - 390
Mortgage rates in the U.S. were little changed as lenders absorbed news that the Federal Reserve plans to taper bond purchases that have helped support the real estate market. more
U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of children’s apparel and jewelry, MasterCard Advisors SpendingPulse said. more
Gasoline prices rose 2 cents in both Rhode Island and Massachusetts this week, marking the sixth consecutive week of price increases, according to the weekly survey by AAA Southern New England. more
Sales of single-family homes in Massachusetts fell 2 percent in November compared with the same period a year earlier, the first decrease in year-over-year home sales since April, according to a report released Monday by The Warren Group. more
Single-family home sales in Rhode Island saw 10.7 percent growth in 2013, according to Re/Max of New England, and thanks to the improving health of the residential real estate market, the median price for a single-family home during the year increased as well, by 7.4 percent to $206,870. more
Even as the non-seasonally adjusted unemployment rate for the Providence-Fall River-Warwick metro area stayed at 8.6 percent in November for the second consecutive month, the size of the labor force grew 0.8 percent to 691,500, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
Economic development and the celebrated successes of local businesses topped the list of most-read stories on PBN.com in 2013. Three of the top six stories were the announcements of winners in Providence Business News’ annual Rhode Island’s Best Places to Work, 40 Under Forty and Fastest-Growing & Innovative Companies awards. more
The Naval Undersea Warfare Center spent $602 million of its total $874 million operating budget for 2013 on payroll, contracts with local companies, and construction and support for the command and research facility in Newport. more
The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in March, matching the increase in the national index during the same time period, according to a report from the U.S. Bureau of Labor Statistics. more
U.S. states are set to increase spending at the slowest pace since the recession ended five years ago, reflecting wariness about the recovery. more
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