Economic Activity
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A.T. Cross profits rise 6.6% in 1Q
A.T. Cross Co. saw its bottom line rise 6.6 percent to $1.6 million, or 13 cents per diluted share, from the first quarter of 2012 to the first quarter of 2013, the personal- and business-accessories maker announced after the market closed on Thursday. more
| 4/26/13
N.Y. company purchases E.P. apartment complexes for $55M
A New York real estate investment company said Tuesday it has purchased the Winchester Park and Winchester Wood apartment complexes off Pawtucket Avenue for approximately $55 million. more
R.I. home sales, prices tick up in 1Q
Rhode Island’s single-family home sales rose slightly – 0.5 percent – during the first quarter of 2013, the Rhode Island Association of Realtors said Tuesday. more
| 4/30/13
R.I. ranks No. 37 on best states for businesses list
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
| 5/9/13
Five Questions With: Karen Jessup
Providence Preservation Society interim director talks about the 34th annual Festival of Historic Houses fundraiser. more
Jobless rate in Prov. metro continues to fall in March
Unemployment rates fell year over year in March in 306 of the United States’ 372 metropolitan areas, including the Providence-Fall River-Warwick metro, according to the latest non-seasonally adjusted data from the U.S. Bureau of Labor Statistics. more
| 5/1/13
Chafee names final EDC nominee
Gov. Lincoln D. Chafee has nominated Nami Studios President Maeve Donahue for the R.I. Economic Development Corporation board of directors, the governor announced Thursday. more
| 5/2/13
USDA accepts preproposals for $70K in grants
The U.S. Department of Agriculture National Resources Conservation Service of Rhode Island is currently accepting preproposals for applications for conservation-innovation grants, which are designed to stimulate the development and adoption of innovative conservation approaches and technologies, the USDA announced Thursday. more
| 5/2/13
Dow reaches 15,000 as jobs growth exceeds economist forecasts
U.S. stocks rose, sending the Dow Jones Industrial Average above 15,000 for the first time, as employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low. more
SBA announces R.I. small business award winners
The U.S. Small Business Administration announced the 2013 Rhode Island small business award winners on Thursday, with Farmaesthetics Founder and CEO Brenda Brock earning the title of “Small Business Person of the Year.” more
| 5/2/13
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