Updated May 25 at 1:25pm
Economic Activity
1510 results total, viewing 11 - 20
A 2,746-square-foot home in the Watch Hill section of Westerly recently sold for $3,275,000, marking the second-highest sale for the community this year. more
Gas prices are on the rise again, climbing 7 cents in Rhode Island, and 8 cents in Massachusetts, according to AAA Northeast’s weekly price survey. more
Local 1 percent meal and beverage tax collections, and hotel tax collections increased year over year in February by 15.2 percent and 11.3 percent, respectively. more
The IRS has been so slow to adapt to the rapidly emerging peer-to-peer economy that billions of dollars in taxable income a year are probably going unreported every year, according to a study being delivered to Congress this week. more
Rhode Island had a 7.2 percent year-over-year increase in construction employment in April, placing it 10th highest overall in the nation, the Associated General Contractors of America said Friday. more
(Updated 12:50 p.m.) Rhode Island is one of several states facing “muted revenue growth” in 2016, Moody’s Investors Service said Friday in its report “States – US: State Tax Revenues Still Growing, but at a Slower Pace.” more
There’s more cash sitting on company balance sheets than ever before. For the first time since 2012, that’s not enough. more
Massachusetts, according to the latest economic report by MassBenchmarks, is “experiencing good economic fortunes in an environment characterized by worrisome global conditions.” more
Sales of single-family homes continued a yearlong rise in Rhode Island, growing 34.7 percent in April when compared with April 2015, according to data released Friday by the Rhode Island Association of Realtors. more
The state’s seasonally adjusted unemployment rate fell 1 percentage point year over year in April to 5.3 percent, a level not seen since August 2007, the R.I. Department of Labor and Training announced in its monthly report Thursday afternoon. more
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