Economic Activity
933 results total, viewing 271 - 280
Rhode Island ranked No. 39 and Massachusetts ranked No. 47 in a new study by the Mercatus Center at George Mason University evaluating each state’s fiscal condition based on four separate measures of a state’s solvency. more
U.S. stocks rose, sending benchmark indexes to all-time highs, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery. more
Momentum in Rhode Island’s rate of economic growth continued a troublesome slowdown in November of 2013, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
Consumer spending rose in November by the most in five months as Americans took advantage of store discounts during the year-end shopping season, giving the world’s largest economy a lift. more
The average weekly wage in Providence County rose to $908 in the second quarter of 2013, a 2 percent increase over the same period last year, the U.S. Bureau of Labor Statistics reported Wednesday. more
Siemens AG, Europe’s biggest engineering company, agreed to supply turbines to the $2.6 billion Cape Wind project, the first offshore wind farm planned in the U.S. more
The R.I. Science & Technology Advisory Council is now accepting proposals for its 2014 Collaborative Research Grant Awards program. more
Purchases of previously-owned U.S. homes fell in October to the lowest level in four months as limited supply and higher mortgage rates restrained momentum in the housing-market recovery. more
The Federal Reserve announced plans to cut its monthly bond purchases to $75 billion from $85 billion, taking its first step toward unwinding the unprecedented stimulus that Chairman Ben S. Bernanke put in place to help the economy recover from the worst recession since the 1930s. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
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