Economic Activity
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R.I. foreclosure inventory unchanged in January
The foreclosure inventory in Rhode Island was unchanged from January 2012 to January 2013 at 3 percent, CoreLogic reported Thursday. This means that 3 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 2/28/13
Lin Texas $94M charge sees Lin TV profit plummet in 4Q, 2012
Lin TV Corp., saw its profit plummet even as revenue rose during the fourth quarter and 2012 as a whole, the company reported Thursday. The decrease was mostly due to a $94 million charge from an agreement between Lin Texas, Comcast and General Electric. more
| 2/28/13
Business activity in U.S. unexpectedly picked up in Feb.
Business activity in the U.S. unexpectedly expanded in February at the fastest pace in almost a year, a sign the manufacturing industry is poised for growth. more
Big East negotiates to sell name
The Big East conference, which will be left with one of its founding schools by 2014, is negotiating the sale of its name to a new group of seven Catholic universities, the New York Times reported. more
Artists to get financial training
The R.I. State Council on the Arts and The Rhode Island Foundation have announced a collaborative “Assets for Artists” financial training and micro-financial opportunity program in partnership with the Massachusetts Museum of Contemporary Art, the International Institute of New England and other partners. more
PBN Summit: social, mobile and big data are trending
More than 250 members of the Rhode Island business community weathered the cold rain on Wednesday morning to attend the Providence Business News Social Media and Marketing Summit. more
| 2/27/13
Report: Home ownership ‘out of reach’ for many R.I. Latinos
Home ownership is out of reach for the average Latino household in Rhode Island, according to data from the Latino Policy Institute at Roger Williams University and HousingWorks RI. more
| 2/27/13
Pending sales of U.S. existing homes rise more than forecast
Contracts to purchase previously owned U.S. homes climbed more than forecast in January, a sign the industry will keep strengthening this year. more
‘Phantom’ reboot to launch at PPAC
A “newly reimagined” “The Phantom Of The Opera” will launch its North American tour at the Providence Performing Arts Center in November. more
R.I. exports dip slightly in December
Exports from the Ocean State dropped 0.5 percent in December to $191.1 million on a month-to-month, seasonally adjusted basis after rising a revised 3.4 percent in November, according to an international trade statistics report from e-forecasting.com. more
| 2/26/13
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