Economic Activity
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Jack Welch’s experience could improve jobs data
Last week, after the U.S. Bureau of Labor Statistics announced an unexpected decline in September’s unemployment rate, former General Electric Co. CEO Jack Welch questioned the credibility of the data. more
Guest Column:
Jonathan Orszag and Peter Orszag | 10/15/12
Hasbro named among ‘most ethical companies’ for 2nd consecutive year
Toy and game-maker Hasbro Inc. earned the title as one of The Ethisphere Institute’s “World’s Most Ethical Companies” for the second consecutive year, Hasbro announced Wednesday. more
| 3/13/13
Sovereign posts 11th consecutive quarter of profitability in 3Q
Sovereign Bank, N.A. – a subsidiary of Banco Santander S.A. – saw its 11th consecutive quarter of profitability, with net income of $123 million. more
| 10/29/12
Kilmartin warns shoppers to protect identity on Cyber Monday
Attorney General Peter F. Kilmartin is warning Rhode Islanders to protect their identities on Cyber Monday, Nov. 26, and offering tips, including making sure their anti-virus software is up to date. more
| 11/26/12
R.I. one of states hardest hit by recession, says Fed’s Rosengren
Rhode Island was one of the states hardest hit by the recession and continues to be one of the slowest to recover, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday at a meeting of the Greater Providence Chamber of Commerce. more
Artists to get financial training
The R.I. State Council on the Arts and The Rhode Island Foundation have announced a collaborative “Assets for Artists” financial training and micro-financial opportunity program in partnership with the Massachusetts Museum of Contemporary Art, the International Institute of New England and other partners. 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
Newport preservation society lands $500K for fellowship program
The Preservation Society of Newport County has won a $500,000 challenge grant from the National Endowment for the Humanities to establish a fellowship program studying the city’s history. more
Carpionato plans parking lot for Fruit & Produce Warehouse land
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
Retail sales probably dropped in October
Sales at U.S. retailers probably fell in October for the first time in four months as consumers in the Northeast stayed away from auto dealers and shopping centers before and after superstorm Sandy, economists said before a report this week. more
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