Economic Activity
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Home sales, prices rise in Bristol County, Mass. in January
Single-family home sales and the median price of those sales rose 9 percent in Bristol County, Mass. in January compared with the same month in 2012, The Warren Group said Tuesday. more
White House: Sequestration projected to cost R.I. $39M
Rhode Island programs and payrolls are expected to lose more than $39 million to the automatic sequestration cuts threatening to take place on March 1, according to a report released by the White House on Sunday detailing how the deep spending cuts will affect every state in the country. more
| 2/25/13
U.S. stock futures advance amid speculation on Japan stimulus
U.S. stock futures rose, following the first weekly drop in the Standard & Poor’s 500 Index this year, on growing speculation Japan will stimulate its economy. more
Brown students to host R.I. Fiscal Summit
Students from Brown University’s Common Sense Action group will host the Rhode Island Fiscal Summit on Saturday on the school’s campus to “address the fiscal challenges facing the United States.” more
| 2/22/13
Real GDP in Providence metro rises 0.9% in 2011
Real gross domestic product increased in 242 of the nation’s 366 metropolitan areas in 2011, including the Providence-New Bedford-Fall River area, according to new statistics released Friday by the U.S. Bureau of Economic Analysis. more
| 2/22/13
Skepticism about U.S. spending seen in consumer stocks
Investors are skeptical that U.S. retail spending will exceed forecasts this year, as some consumer-discretionary stock indexes have yet to reach new multi-year highs relative to their defensive counterparts. more
R.I. homeowners receive 4Q mortgage relief valued at $59M
Homeowners in Rhode Island are continuing to receive financial relief from the five mortgage service providers at the center of the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced. more
Gilbane lands Training Mag’s Best Practice award
Training Magazine, a professional and workforce development publication, has ranked Gilbane Building Co.’s new sales model one of the most “innovative and successful” among firms in its “Top 125 Organizations” list. more
Realtor confidence in Mass. hits 5-year high
The Massachusetts Association of Realtors announced that the confidence of the state’s realtors started 2013 at a five-year high, reported the Boston Business Journal. more
| 2/21/13
Regional consumer prices continue to rise in January
The Consumer Price Index in the Northeast rose 1.8 percent over the last 12 months to 247.23 in January, according to a report from the U.S. Bureau of Labor Statistics. more
| 2/21/13
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