Updated May 30 at 5:26pm
Economic Activity
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Massachusetts home sales increased 10.3 percent, and condominium sales climbed 16.5 percent, in November, The Warren Group, publisher of Banker & Tradesman, said Tuesday. more
America’s merchandise trade deficit shrank to $60.5 billion in November from $61.3 billion the prior month, advanced data issued by the Commerce Department showed on Tuesday. more
Revenue exceeded expectations on both a fiscal year and monthly basis in November, according to the state Department of Revenue, by 2 percent and 3.8 percent, respectively. more
A late surge in shopping and pent-up demand for woman’s clothing gave a boost to holiday sales, according to early spending figures. more
Consumer confidence rose last week to the highest level in almost two months as Americans reported brighter attitudes about the national economy, their personal finances and the buying climate. more
John Lawlor, the head of Bank of America Corp.’s municipal-bond department, is a graduate of the U.S. Naval Academy. In 2015, he navigated the second-largest U.S. bank by assets to the top of the muni-bond underwriting table for the fourth consecutive year. more
(Updated, 10:55 a.m.) Fourteen projects received a total of $3.7 million in matching grants under the new Brownfields Remediation and Economic Development Fund, the governor’s office and R.I. Department of Environmental Management announced Wednesday. more
Systems Engineering Associates Corp. received a five-year, $12 million contract from Newport’s Naval Undersea Warfare Center to support its combat systems department. more
Rhode Island was the only New England state to report an increase in its labor force in November compared with November 2014, the state Department of Labor and Training said Wednesday. more
In November, Rhode Island again was among the top five states with mortgages late by 90 days or more. more
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