Economic Activity
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Shaw’s parent faces restructuring after acquisition deal falters
Shaw’s Supermarket faces restructuring after a private-equity deal to acquire its parent company Supervalu Inc., faltered. more
U.S. manufacturing probably cooled as capital spending waned
Manufacturing in the U.S. probably cooled in November as business demand slowed and disruptions from superstorm Sandy limited production, according to economists surveyed before a report today. more
Lardaro: R.I. economy shifts into ‘higher gear’ pending fiscal cliff
There should be a sense of cautious optimism around Rhode Island’s strong October economic performance pending federal budget cut negotiations, according to University of Rhode Island economist Leonard Lardaro’s October Current Conditions Index. more
U.S. stocks rise amid optimism Congress will reach budget deal
U.S. stocks rose, after the biggest weekly drop for the Standard & Poor’s 500 Index in about two months, amid speculation Congress will reach a deal to head off more than $600 billion in spending cuts and tax increases. more
Chafee, business leaders at odds on view of economy
Gov. Lincoln D. Chafee’s latest idea for repairing the Rhode Island economy may be his most controversial. more

By Patrick Anderson
PBN Staff Writer | 12/10/12

Hasbro named 1st on Climate Counts scorecard
Toy and game maker Hasbro Inc. landed the top spot on the 2012-2013 Climate Counts Climate Scores rankings in the toys and children’s products sector, Hasbro announced Wednesday. more
| 12/5/12
Gilbane expects construction to increase in 2013 after early downturn
In its annual winter 2012 construction-industry economic report, Gilbane Building Co. predicted an increase in construction spending over last year, but cautioned about an expected downturn in early 2013. more
| 12/5/12
RIPEC: R.I.’s economic outlook is ‘mixed’
The outlook for the Rhode Island economy is mixed, according to the Rhode Island Public Expenditure Council’s Rhode Island Data Book, released Wednesday. more
| 12/5/12
Leading economic indicators edge upward in October
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 120.6 in October. more
| 12/6/12
Services in U.S. expand at a faster pace than forecast
Service industries in the U.S. expanded at a faster pace than forecast in November, indicating the economy is holding up in the face of the so-called fiscal cliff. more
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