Economic Activity
920 results total, viewing 341 - 350
Rhode Island’s January unemployment rate of 9.2 percent ranked as the highest unemployment rate in the country for the third month in a row, the U.S. Bureau of Labor Statistics reported Monday. more
The city this spring will once again apply for a federal transportation grant to fund a new streetcar system between Upper South Providence and College Hill, Providence officials said Friday. more
Consumer confidence in the U.S. unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose six-tenths of a percent in January to 126.3 from 125.5 in December. more
Treasuries rose in the biggest weekly gain in almost two years as unrest in Ukraine drove investors to the safety of U.S. government debt. more
U.S. stocks fell, erasing early gains after the Standard & Poor’s 500 Index came within four points of a record as data showed an increase in retail sales and a drop in jobless claims. more
Retail sales in the U.S. rose in February for the first time in three months, a sign consumers are starting to shake off the effects of the harsh weather that curbed spending even more than previously estimated. more
Rhode Island’s combined state and federal top marginal tax rate on personal dividends income, currently 28.6 percent, ranks as the 20th highest rate in the country, according to a study published by the Tax Foundation on Tuesday. more
Private-industry employer costs for employee compensation in New England inched downward in December, dropping 8 cents per hour to an average of $34.40 per hour, but remained the highest in the U.S., according to a quarterly U.S. Bureau of Labor Statistics report issued Wednesday. more
Nortek Inc. posted a loss of $8.3 million for 2013, compared with profit of $9.5 million a year earlier. The maker of home and office security solutions, ventilation and air management products, and heating and cooling systems embarked on a dual-focused investment strategy to improve its supply chain operations while growing its top line. more
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