Economic Activity
932 results total, viewing 501 - 510
Sprague Operating Resources LLC, an energy company headquartered in Portsmouth, N.H., has agreed to pay $3.5 million in rent annually to Capital Properties Inc. in exchange for the use of Capital Properties’ million-barrel petroleum storage facility in East Providence. more
Manufacturing in the U.S. expanded at a faster pace in March as gains in production and orders showed the industry was mending at the close of a winter-depressed first quarter. more
(Updated, 6:56 p.m.) The I-195 Redevelopment District Commission has received “several” development proposals, including potential commercial, residential, hospitality and recreational projects, for the former highway land known as The Link, the agency said Tuesday. more
The economy may be growing at a frustratingly slow pace, but one piece of it is booming: American homeowners’ equity holdings – the market value of their houses minus their mortgage debts – soared by nearly $2.1 trillion last year to $10 trillion. more
Rhode Island saw exports fall 12.8 percent from a year earlier in January to $198.8 million, as continued weakness in developed economies as well as slowing in the developing world dampened demand for Ocean State shipments. more
(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
Consumer confidence fell more than forecast in February as growing concern about the U.S. economy’s direction outweighed improving perceptions of its current state. more
Rhode Island tied with Georgia at No. 33 in a recent WalletHub ranking of the 50 U.S. states and the District of Columbia, in which No. 1 represents the state least dependent on federal funding and federal government employment. more
(Updated, July 10, 11:02 a.m.) Cape Wind Associates LLC has a tentative agreement to lease 14 acres at Quonset Business Park in North Kingstown as a staging area to build its planned 130-turbine windfarm off the coast of Massachusetts, the Quonset Development Corporation said Wednesday. more
(Updated, June 17, 10:16 a.m.) A Boston-area laboratory-space firm has partnered with local medical investors to propose a life sciences accelerator on the former I-195 land known as The Link. more
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