Economic Activity
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Unemployment rates were lower in November in 322 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to nonseasonally adjusted data from the U.S. Bureau of Labor Statistics. more
Rhode Island has seen little to no improvement in economic opportunity indexes from 2011, the R.I. Center for Freedom and Prosperity announced Thursday following the release of its 2012 Report Card On RI Competitiveness. more
While others eyed the 5-foot Amalurian battle hammer prop ($200), Jamie Gotch, co-founder of Subatomic Studios in Cambridge, Mass., was looking for office supplies. more
The Housing Network of Rhode Island has received a $375,000 grant from the R.I. Attorney General Peter F. Kilmartin’s Office to bolster mortgage and home buyer education programs, the office announced Thursday. more
Fewer Americans filed applications for unemployment benefits last week as damage to the labor market caused by superstorm Sandy began to subside. more
Sales at U.S. retailers rose in February by the most in five months as an improved job market and stronger household finances cushioned the effect of higher payroll taxes. more
The Washington Trust Charitable Foundation has donated $15,000 to the Greater Westerly Chamber of Commerce Foundation for “Bring Back the Beach,” the Misquamicut Beach Recovery Fund. more
Fewer Americans than forecast filed claims for unemployment insurance last week as state offices rushed to tally the data in a holiday-shortened period. more
The Providence metropolitan area ranked No. 66 on The Business Journal’s rankings of which of the 102 major markets in the United States are the best places for young adults to start their careers. more
Condominium sales in the Ocean State soared 60 percent in January, the Rhode Island Association of Realtors said Friday. more
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