Economic Activity
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Manufacturing in U.S. expands after reaching 3-year low
Manufacturing in the U.S. expanded in December at a pace that shows the industry is stabilizing after reaching a three-year low a month earlier. more
Annual report filing period open for R.I. corporations
With the new year comes the annual report filing period for Rhode Island’s for-profit corporations. Rhode Island’s 30,000 for-profit corporations are required to file their annual reports with the Secretary of State’s office between Jan. 1 and March 1. more
| 1/2/13
The biggest R.I. stories of 2012
It has been an exciting, if tumultuous, year in the Ocean State. As 2012 comes to a close, Providence Business News looks back on the biggest news stories of the year. more
U.S. stocks rise amid optimism Congress will reach budget deal
U.S. stocks rose, after the biggest weekly drop for the Standard & Poor’s 500 Index in about two months, amid speculation Congress will reach a deal to head off more than $600 billion in spending cuts and tax increases. more
U.S. business activity expanded for second month in Dec.
Business activity in the U.S. expanded in December for a second month, easing concern that a lack of progress on the federal budget would prompt a slump in manufacturing. more
Hasbro: 75% of Americans to celebrate New Year’s at home
The majority of Americans plan to forgo the fancy clothes and crowded venues this New Year’s Eve in order to ring in 2013 at home with family and friends, according to a new survey released by toy and game maker Hasbro Inc. more
| 12/28/12
U.S. stock-index futures drop on concern over budget agreement
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will drop for a fifth day, amid concern talks between President Barack Obama and Republican lawmakers may not yield a budget deal by the year-end deadline. more
Procaccianti Group purchases Renaissance Providence
The Procaccianti Group has purchased the 272-guest room Renaissance Providence Hotel from Sage Hospitality, the group announced Thursday. more
| 12/27/12
Heating oil fluctuates on weather forecast, stalled budget talks
Heating oil fluctuated as forecasts for colder weather in the U.S. Northeast and a decline in distillate stockpiles were tempered by concern U.S. lawmakers won’t reach a budget deal by the end of the year. more
Rhode Island Housing foreclosure counseling part of $1B U.S. effort
Since bringing the National Foreclosure Mitigation Counseling program to Rhode Island in 2007, the HelpCenter at Rhode Island Housing has provided foreclosure prevention counseling to more than 14,000 Rhode Islanders, the organization announced Thursday. more
| 12/27/12
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