Economic Activity
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Boehner declaring no debt crisis revealed in household loans
The bear market in bonds is being delayed by Americans socking away money at 50 times the rate at which they take on debt to buy houses, cars and other items. more
Shadow economy seen boosting U.S. retail sales
When Kevin Kalmes received a foreclosure notice on her home after being unemployed for more than two years, she said she started selling the contents of her basement, figuring that “I can’t fit all this stuff in a Wal-Mart shopping cart.” more
Bloomberg News | 3/25/13
T.F. Green sees traffic drop in February
(Updated, March 22, 4:22 p.m.) Passenger traffic at T.F. Green Airport fell 6.1 percent in February compared with February 2012 to 249,554, the second-lowest number since the beginning of 2009, according to numbers released by the R.I. Airport Corporation on Thursday. more
| 3/21/13
R.I. jobless rate falls to 9.4%
Rhode Island’s unemployment rate fell to 9.4 percent for February, as the number of employed Rhode Island residents rose by 1,300 from January, representing a fairly good-news month for the state as it still struggles to recover from the economic downturn, the R.I. Department of Labor and Training announced Thursday. more
Report: R.I. flunks out of economic prosperity, twice
Rhode Island has seen little to no improvement in economic opportunity indexes from 2011, the R.I. Center for Freedom and Prosperity announced Thursday following the release of its 2012 Report Card On RI Competitiveness. more
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
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