Economic Activity
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WJAR-TV NBC 10 garners highest February viewership
According to preliminary data, WJAR-TV NBC 10 garnered the most viewers among adults ages 25 to 54 in southern New England for its collection of newscasts. more
Cape Wind secures financing for wind farm construction
Cape Wind, the company behind a planned 468-megawatt offshore wind farm in Nantucket Sound, announced today that it is one step closer to starting construction. more
| 3/19/13
Merlo, fast-growing companies to headline Chamber event
CVS Caremark Corp. President and CEO Larry Merlo has agreed to be the keynote speaker for the opening session of The Garage, the Greater Providence Chamber of Commerce’s May 14 event at the R.I. Convention Center designed to take the place of the more than two-decade old Business Expo. more
| 3/19/13
Negative equity increases in 2012 4Q in Providence metro area
The number of Providence-area homeowners who owe more on their mortgages than their houses are worth increased in the fourth quarter of 2012, Corelogic said Tuesday. more
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
R.I., Calif.: top jobless rates in January
Rhode Island and California posted preliminary, seasonally adjusted unemployment rates of 9.8 percent in January, the highest in the nation and significantly higher than the U.S. figure of 7.9 percent. more
| 3/18/13 | 2 comments
Gasoline continues price drop in R.I., Mass.
Gasoline prices in the Ocean State fell 3 cents over the last week, bringing the decline in the last weeks to 7 cents per gallon of self-serve, unleaded regular, AAA Southern New England reported Monday. At $3.76 per gallon, the price of gas stands 1 cent below its level four weeks ago. more
| 3/18/13
Natural gas rises to 17-month high as cold snap extends to April
Natural gas climbed to its highest price in almost 17 months in New York on speculation that a cold start to spring will buoy demand for heating fuels. more
U.S. stock futures drop as Cyprus bank levy renews euro concern
U.S. stock-index futures fell as euro-area leaders imposed a levy on Cypriot bank deposits to cut the cost of a bailout, sparking concern the measure may one day be used in the bigger economies of Spain or Italy. more
Study: Massachusetts residents the key to gambling success in R.I.
While the number of Rhode Islanders who visited Twin River declined 9.1 percent from 2010 to 2012 to 161,726, those who came from Massachusetts increased 8.8 percent to 385,348, helping the Lincoln gaming facility gain less than one-half percent in visitors to 582,662 in the time period. more
| 3/18/13
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