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This Week's Poll
May 19
By PBN Staff
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Are you seeing an uptick in your company’s business this year?With the equity markets hitting record levels on a regular basis, corporate America is doing just fine, even as unemployment and wage stagnation hit the working class. Is your company sharing in the recovery seen on Wall Street? |
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Construction
May 17
By Lindsay Lorenz |
R.I. sees 3rd-highest construction job contraction in AprilDuring the past year, construction employment in Rhode Island fell nearly 9 percent, or 1,400 jobs, according to the Associated General Contractors of America. |
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Economic Indicators
May 17
By Nikolaj Gammeltoft and Namitha Jagadeesh |
U.S. stocks advance as leading indicators, sentiment gauges riseU.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated. |
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Creative Economy
May 17
By Lindsay Lorenz |
WaterFire looks to region for help designing sustainable futureWaterFire Providence is asking its supporters for help in an “unusual” way. The nonprofit organization was recently named one of 14 semifinalists in the ArtsFwd 2013 Business Unusual National Challenge, and it’s looking for online votes to help it come out on top. |
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Economy
May 17
By David J. Lynch |
Velocity achieved in U.S. as growth for 2 years seen in pollThe U.S. economy will continue to recover until at least 2015 without tumbling into a recession, achieving the sustained growth that has eluded it since the last slump ended four years ago, according to a Bloomberg poll. |
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Workforce
May 16
By Patrick Anderson |
Jobless rate drops to 8.8% in April, as workforce contracts moreRhode Island’s unemployment rate fell to 8.8 percent in April, the 10th consecutive monthly drop in the jobless rate and the lowest it has been since October 2008, the R.I. Department of Labor and Training said Thursday. |
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Economic Indicators
May 16
By Alex Kowalski |
Consumer prices in U.S. dropped more than forecast in AprilThe cost of living in the United States fell in April for a second consecutive month, the first back-to-back declines in inflation since late 2008, as fuel prices retreated. |