Economic Activity
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Appetite growing for jumbo loans
Bargain hunters may still rule the market, but high-end real estate is gaining momentum, and many lenders are looking to take advantage. more

By Patrick Anderson
PBN Staff Writer | 10/1/12

Oil decreases for second day on decline in U.S. equities, Euro
Oil fell for a second day as equities declined and the euro retreated against the dollar. more
R.I. restaurant-sales growth among nation’s worst
Rhode Island’s projected 2.3 percent restaurant-sales growth for 2012 is among the worst in the country, besting only Vermont and West Virginia, at 2.2 percent each, and can be at least partially blamed on its slow population growth and high unemployment rate, according to National Restaurant Association research. more

By Rebecca Keister
PBN Staff Writer | 10/1/12

Payrolls in U.S. increase less than forecast in August
Payrolls rose less than projected in August and the unemployment rate was unexpectedly driven down by Americans leaving the labor force, boosting the odds of additional Federal Reserve easing to spur a faltering recovery. more
R.I. jobless rate tops in U.S. despite drop in December
New England’s unemployment rate was unchanged from November at 7.3 percent in December, the U.S. Bureau of Labor Statistics announced Friday. more
| 1/18/13
REITs gain 26% ditching failing shopping malls: mortgages
Mall owners including Simon Property Group Inc. and General Growth Properties Inc., the biggest in the United States, are signaling they’re moving on from struggling retail centers as the economic rebound drives them to focus on the best-performing markets. more
Report: R.I. table gaming likely to impact Conn. casinos in 2013
With table gaming recently approved for Twin River, the Rhode Island gambling scene is likely to impact existing casinos in the area in 2013, including Foxwoods and Mohegan Sun in Connecticut, according to a new Fitch Ratings report. more
| 12/18/12
Bristol County, Mass. home prices plunge 20% in October
Single-family home sales in Bristol County, Mass. dropped 20 percent in October compared with the same period last year, The Warren Group said Tuesday. more
Public-private partnerships can close skills gap
In order to figure out how to solve a problem, you first have to figure out what the solution should look like. more

By Rebecca Keister
PBN Staff Writer | 11/12/12

Chafee announces $3M in projected sales, new leads after trade missions
Recent trade delegations to Canada, the Dominican Republic and Panama resulted in 45 serious business leads and $3 million in projected new sales, Gov. Lincoln D. Chafee announced Thursday. more
| 11/29/12
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