Updated May 29 at 11:25am
Economic Activity
1494 results total, viewing 361 - 370
A single parent of a baby and a child between the ages of 6 and 12 needs to make at least $62,693 a year, or $30.14 an hour, to cover basic expenses associated with raising a family in Rhode Island, according to the Economic Progress Institute. more
Rhode Island’s unemployment rate for July has decreased to 5.8 percent, one-tenth of a percentage point compared with June, according to the state Department of Labor and Training. more
Bank of America Corp., the lender most hobbled by the collapse of the U.S. housing market, said second- quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008. more
Foreclosure petitions increased nearly 42 percent in the Bay State with 910 filings by lenders in November compared with 643 filings in November 2014, according to The Warren Group, publisher of Banker & Tradesman. more
The economy is expanding, but at a “somewhat slower pace” than just six weeks ago, according to the Federal Reserve’s latest Beige Book report on economic activity. more
Five percent, or 24, of Rhode Island’s 506 middle-market firms are engaged in exporting, according to Middle Market Power Index: Taking the Global Stage, a report from American Express and Dun & Bradstreet. more
Cash sales made up 29.5 percent of all home sales in Rhode Island in March, and 32.7 percent of all home sales in the Providence-Fall-River-Warwick metropolitan area, according to data released Thursday by CoreLogic. more
Microfibres Inc. is closing and filing for bankruptcy, a union official said Wednesday. more
Grow Smart RI on Wednesday announced seven winners of its fifth annual Rhode Island Smart Growth Awards given to groups and projects that help shape a stronger Rhode Island. more
The governor’s proposed truck toll plan, RhodeWorks, would generate substantial long-term funding for transportation projects, but may not provide enough revenue in the short term, the Rhode Island Public Expenditure Council said Wednesday. more
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