Economic Activity
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Report: R.I., nation need infrastructure improvements
Rhode Island is a state with 87 high-hazard dams, 156 structurally deficient bridges and 6,401 public road miles - 70 percent of which are considered to be of poor or mediocre quality. more
Americans’ view on economic outlook climbs to 3-month high
Americans’ views of the economic outlook improved in March to the highest level this year as stock prices rallied to a record high. more
Initial jobless claims in U.S. rise less than forecast
Fewer Americans than forecast filed first-time claims for unemployment insurance last week, a signal the U.S. labor market is maintaining its recent progress, as applications for jobless benefits increased by 2,000 to 336,000 in the week ended March 16. more
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
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