Economic Activity
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Payrolls in U.S. climb 155,000 as jobless rate holds at 7.8%
Employers added workers in December at about the same pace as the prior month, and the unemployment rate matched a four-year low, showing sustained gains in the U.S. labor market even as lawmakers were struggling to reach a budget deal. more
U.S. stock futures are little changed before jobs report
U.S. stock futures were little changed, with the Standard & Poor’s 500 Index heading for its biggest weekly rally in 13 months, as investors awaited the non- farm payrolls and unemployment report for December. more
Consumer confidence improves as hiring in U.S. picks up
Consumer sentiment climbed last week and U.S. companies added more workers than projected in December, showing the world’s largest economy picked up even as lawmakers were embroiled in budget disputes. more
R.I. foreclosure inventory rises to 2.9% in November
The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in November to 2.9 percent, according to CoreLogic. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 1/3/13
Jobless claims in U.S. rose more than forecast in holidays
More Americans than forecast filed claims for unemployment insurance payments last week as the closing of some state agencies during the holidays prompted the government to estimate figures. more
Truesdale Farm, Cedar Point sales set 2012 records
A beachfront farm in Westport and seaside estate in Jamestown have sold for a combined $16.2 million, Gustave White Sotheby’s International Realty announced. more
Foreclosure starts rise, completions fall in Bristol County, Mass. in Nov.
Bristol County, Mass. foreclosure starts rose 6 percent in November while finished foreclosures dropped 35 percent compared with the same period in 2011, The Warren Group said Wednesday more
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
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