Economic Activity
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Oil rises for third time in 4 days as U.S. inventories fall
Oil advanced for the third time in four days as U.S. inventories fell unexpectedly last week and fewer Americans filed applications for unemployment benefits. more
Record online holiday sales seen as mobile drives growth
Online retailers are poised for a record $43.4 billion holiday sales season as shoppers increasingly rely on social networks and mobile devices to find and buy merchandise. more
Economy weighs on shoppers in final holiday dash to mall
Holiday shoppers descended on U.S. malls this weekend in a last-minute dash to buy gifts amid concerns about the nation’s economy and the impasse in Washington over taxes and spending. more
Port of Davisville sees third record year in 2012
The Port of Davisville at Quonset Business Park had its third consecutive record-breaking year, according to Gov. Lincoln D. Chafee, who joined state officials and local business leaders on Wednesday to announce the port’s success. more
| 1/30/13
Home sales rise, prices fall in 3Q
Sales of Rhode Island single-family homes rose 15 percent in the third quarter compared with the same period last year, with 2,235 single-family homes sold during the quarter, the Rhode Island Association of Realtors said Monday. more
| 11/5/12
Demand for U.S. goods climbed more than forecast in November
Demand for goods such as machinery and electronics climbed more than forecast in November, showing U.S. companies are planning to expand next year as they look beyond the tax increases and spending cuts slated to take effect. more
RISD’s Maeda to receive innovation award
Rhode Island School of Design President John Maeda will be honored with the “STEM to STEAM” award by the Tribeca Film Festival later this month. more
| 4/5/13
Parks Conservancy unveils Kennedy Plaza transformation plans
The Downtown Providence Parks Conservancy unveiled plans for the transformation of Kennedy Plaza at a meeting in downtown Providence after close of business Thursday. more
| 4/19/13
Oil rises for 2nd day in New York on fiscal deal speculation
Oil rose for a second day in New York on speculation that Republicans and Democrats are getting closer to a budget agreement. more
U.S. stocks are little changed amid concern over Europe crisis
U.S. stocks were little changed, after the Standard & Poor’s 500 Index dropped the most since June yesterday, amid concern Europe’s debt crisis is worsening. more
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