Economic Activity
919 results total, viewing 451 - 460
The U.S. economy probably contracted even more in the first quarter than currently estimated as spending on health-care services unexpectedly dropped, according to analysts at JPMorgan Chase & Co. and Pierpont Securities LLC. more
U.S. stocks fluctuated, after the benchmark Standard & Poor’s 500 Index rose to a record Thursday, as reports showed consumer spending unexpectedly declined last month while confidence slid more than estimated. more
Unemployment in the Providence-Fall River-Warwick metro area plunged 1.6 percentage points to 7.8 percent in April, non-seasonally adjusted, compared with 9.4 percent a month earlier, the U.S. Bureau of Labor Statistics reported Wednesday. more
Exports from Rhode Island climbed 10.5 percent in March compared with the previous month, ending three consecutive months of export declines, according to an e-forecasting.com report released May 27. more
The economy in the U.S. contracted for the first time in three years from January through March as companies added to inventories at a slower pace and curtailed investment. more
Household wealth in the U.S. climbed in the first quarter, helped by labor market improvement and gains in the stock and residential real estate markets that are giving balance sheets a lift. more
WaterFire Providence will be able to request that the Army Corps of Engineers close the Fox Point Hurricane Barrier during WaterFire events in exchange for reimbursement of the costs, after the passage of a $12 billion U.S. water infrastructure bill on May 22. more
City Council President Michael Solomon Thursday proposed a new system for awarding property tax treaties for major land developments that does not include mayoral or council approval. more
Fewer Americans filed applications for unemployment benefits over the past month than at any time in seven years, a sign the labor market continues to strengthen. more
Lenders in Bristol County, Mass., filed 88 foreclosure petitions in April, more than tripling the number of foreclosure starts in April 2013, when 24 petitions were filed, The Warren Group said Thursday. more
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