Economic Activity
915 results total, viewing 471 - 480
U.S. stocks rose, extending a record for the Standard & Poor’s 500 Index, as Federal Reserve comments spurred optimism that the economic recovery will accelerate. more
Standard & Poor’s Ratings Services has upgraded Providence’s “BBB” credit outlook from stable to positive to reflect Mayor Angel Taveras’ efforts to improve the city’s fiscal management practices and general fund balance, Taveras’ administration announced Friday. more
Rhode Island’s May unemployment rate of 8.2 percent was the highest in the country for a seventh consecutive month, but Rhode Island was also one of 32 states with year-over-year unemployment rate declines designated statistically significant, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island exports declined 7.1 percent in April compared with the previous month but increased 10.5 percent on a year-over-year basis, according to an e-forecasting.com report released June 17. more
A majority of Rhode Island’s renters aged 18 to 24 are burdened by housing costs, according to an analysis of U.S. Census data released Wednesday by HousingWorks RI. more
After analyzing tax data from 32,000 businesses, the R.I. Department of Labor and Training announced Thursday that there were 1,800 more Rhode Island-based jobs in the first quarter than originally estimated. more
U.S. mortgage rates fell for a second week, lowering borrowing costs as the housing recovery gets a second wind. more
Providence’s summer jobs program has helped 650 city youth find employment this summer, Mayor Angel Taveras announced Thursday. more
Despite its small size compared with many North American metropolises, Providence ranks as the 38th most traffic-congested city in the United States and Canada, according to a new report released by GPS-device manufacturer TomTom. more
Consumer spending in the U.S. grew less than forecast in May as Americans used gains in income to shore up household finances. more
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