Economic Activity
1013 results total, viewing 361 - 370
Sprague Operating Resources LLC, an energy company headquartered in Portsmouth, N.H., has agreed to pay $3.5 million in rent annually to Capital Properties Inc. in exchange for the use of Capital Properties’ million-barrel petroleum storage facility in East Providence. more
Moody’s Investors Service issued a warning on April 17 regarding Rhode Island’s failure to reach a settlement with public employee unions over the state’s pension lawsuit, which will go trial on Sept. 15 following the breakdown in renewed mediation talks earlier this month. more
Gasoline prices rose in Rhode Island and Massachusetts this week, but averages in both states remained below the national average for a second consecutive week, according to the weekly survey by AAA Southern New England. more
The index of U.S. leading indicators increased in March by the most in four months, a sign the economic expansion will strengthen following harsh winter weather. more
The R.I. Department of Revenue collected $10 million more in March than during the same month last year, driven by increased public utility and insurance company tax receipts as well as estate and transfer taxes, the department reported Monday. more
The Standard & Poor’s 500 Index posted its best week since July, rebounding from a technology-driven selloff, as corporate earnings from major Wall Street banks to Yahoo! Inc. surpassed estimates. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
Rhode Island’s commercial real estate market saw improvement across all sectors in 2013, but high vacancy rates, shorter lease terms and a dearth of high-bay warehouse properties continue to challenge the market’s recovery. more
Despite a drop in Rhode Island’s unemployment rate to a seasonally adjusted 8.7 percent in March, the Ocean State again ranked as the state with the highest jobless rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
Movoto Real Estate has named Westerly the best place to live in Rhode Island, lauding the high quality of life and low crime and unemployment rates in the Ocean State’s southwestern-most town. more
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