Economic Activity
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Manufacturing healthy, says U.S. Chamber COO, but needs support
The Northern Rhode Island Chamber of Commerce’s 22nd annual dinner attracted 370 to see a number of their membership feted and hear a speech by an officer of the U.S. Chamber of Commerce that played up the role of manufacturing in the U.S. more
Consumer confidence improves as hiring in U.S. picks up
Consumer sentiment climbed last week and U.S. companies added more workers than projected in December, showing the world’s largest economy picked up even as lawmakers were embroiled in budget disputes. more
R.I. foreclosure inventory rises to 2.9% in November
The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in November to 2.9 percent, according to CoreLogic. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 1/3/13
Payrolls in U.S. climb 155,000 as jobless rate holds at 7.8%
Employers added workers in December at about the same pace as the prior month, and the unemployment rate matched a four-year low, showing sustained gains in the U.S. labor market even as lawmakers were struggling to reach a budget deal. more
U.S. stock futures are little changed before jobs report
U.S. stock futures were little changed, with the Standard & Poor’s 500 Index heading for its biggest weekly rally in 13 months, as investors awaited the non- farm payrolls and unemployment report for December. more
PBN named ‘Distinguished Newspaper’ for 2012
Providence Business News was named a “Distinguished Newspaper” by the New England Newspaper & Press Association for the second time in the last three years at the organization’s 2012 Fall Conference Thursday. more
| 10/12/12
Jobless claims in U.S. increased more than forecast last week
More Americans than projected filed applications for unemployment benefits last week, reflecting the difficulty the government has adjusting the figures around the Easter holiday and spring break at schools. more
Shooters proposal likely to be decided next month
The future of the former Shooters nightclub property on the Providence waterfront sits delicately poised between the destination performing-arts venue a community group envisions and the sad, vacant lot it is today. more

By Patrick Anderson
PBN Staff Writer | 3/11/13

SBANE: Only transformative change can save R.I. economy
The keys to turning around Rhode Island’s economy are new ideas and workable solutions, according to a report released by the Rhode Island chapter of the Small Business Association of New England. more
| 9/20/12
Unemployment drops in Providence metro in November
Unemployment rates were lower in November in 322 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to nonseasonally adjusted data from the U.S. Bureau of Labor Statistics. more
| 1/8/13
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