Economic Activity
504 results total, viewing 61 - 70
Call it another false alarm in the China-overtaking-the-U.S. saga. Notwithstanding the latest estimates from the International Monetary Fund, the U.S., the world’s largest economy is still, well, numero uno. more
Natural gas for January in the U.S. Northeast is the most expensive in more than a decade on concern that pipelines may not be able to ship enough fuel, risking a repeat of last winter’s record prices, Bloomberg News reported last week. more
The fall New England Economic Partnership outlook for Rhode Island (digested in Op-Ed form on the facing page) is similar in many ways to previous iterations. The forecast growth rates for the Ocean State lag New England and U.S. expectations. Yes, we are getting better. We just aren’t very good. more
First, the good news. Rhode Island’s economic outlook improved over the last year. The unemployment rate has dropped from a peak of 11.9 percent in March 2010 to 9.7 percent in December 2012 to 7.7 percent in August 2014. Between December 2012 and July 2014, the state added 9,700 jobs. more
Nearly $1 million in funding from the U.S. Department of Housing and Urban Development’s Family Self Sufficiency Program for 11 cities and towns was announced Friday during a visit from the U.S. Secretary of Housing and Urban Development Julián Castro. more
LSI Industries Inc. has sold two assets, including one of its manufacturing facilities here for $1 million, in an effort to streamline manufacturing operations and reduce costs, according to a company news release distributed on Oct. 8. more
Providence Business News was named New England Newspaper of the Year for specialty publications by the New England Newspaper & Press Association at the organization’s 2014 Fall Conference Thursday. more
Rhode Island had the third-highest tax rate on lodging last year, according to HVS Convention, Sports, and Entertainment Consulting’s third annual lodging tax study released this week. more
U.S. stock-index futures declined, after equities fell the most since April, as concern that slower global growth will hurt the U.S. economy pushed the Standard & Poor’s 500 Index towards its longest streak of weekly losses since January. more
The Providence Redevelopment Agency Thursday approved leasing the “triangle lot” in downtown to a Fall River developer who intends to build a hotel there. more
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