Economic Activity
938 results total, viewing 261 - 270
Redeveloping the South Street Power Station into a combined Brown University administrative office building and Rhode Island College/University of Rhode Island advanced nursing education center emerged as one of the top priorities at The Providence Foundation’s annual meeting. more
Macy’s Inc., the second-largest U.S. department-store company, forecast profit for its next fiscal year ahead of analysts’ estimates and disclosed a program to cut costs that includes eliminating about 2,500 jobs. more
The foreclosure rate for residential mortgages in Rhode Island and Massachusetts declined in November, according to real estate data firm CoreLogic in a report issued Thursday. more
U.S. stocks climbed, paring this year’s loss for the Standard & Poor’s 500 Index, as Macy’s Inc. rallied and jobless claims fell before the start of corporate earnings season. more
The Providence-New Bedford-Fall River metro area ranked 148th on the 2013 Milken Institute Best-Performing Cities Index, which evaluated local job growth, wages and salaries growth, and high-tech industry performance in 200 metro areas nationwide to assess the overall economic performance of the nation’s cities last year. more
Companies added more workers than projected in December as U.S. employers grew more optimistic about the prospects for demand, a private report based on payrolls showed today. more
(Updated, 6:30 p.m.) One of the narrowest and most endangered buildings in downtown Providence has a new lease on life. The city announced Tuesday that it has transferred the vacant George C. Arnold Building on Washington Street to a private partnership working with the Providence Revolving Fund to rehabilitate it. more
The 2014 Working Waterfront Festival set for Sept. 27 and 28 has been awarded a $45,000 grant from the National Endowment for the Arts to help with production. more
Single-family home sales in Rhode Island saw 10.7 percent growth in 2013, according to Re/Max of New England, and thanks to the improving health of the residential real estate market, the median price for a single-family home during the year increased as well, by 7.4 percent to $206,870. more
Even as the non-seasonally adjusted unemployment rate for the Providence-Fall River-Warwick metro area stayed at 8.6 percent in November for the second consecutive month, the size of the labor force grew 0.8 percent to 691,500, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
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