Updated March 3 at 5:03pm
Economic Activity
1282 results total, viewing 251 - 260
Rhode Island added 1,300 construction jobs in the month of April, an 8.1 percent increase over the same month last year, ranking the Ocean State sixth in the country for highest percentage of construction jobs gained year over year, the Associated General Contractors of America reported. more
Rhode Island’s defense industry contributed $3.75 billion to the state’s economy in 2013 and supported as many as 33,806 jobs statewide, according to a report released Tuesday by the R.I. Defense Economy Planning Commission. The defense economy generated $1.93 billion in income for Rhode Island households last year as well as $106 million in tax revenue for the state. more
Federal Reserve Bank of Philadelphia President Charles Plosser said the strongest U.S. economy in years, buoyed by a solid housing market, may push the jobless rate below 6 percent by year-end. more
U.S. stocks fell, halting a two-day advance, as retailers from Staples Inc. to Urban Outfitters Inc. slumped on worse-than-estimated earnings and small-cap companies retreated. more
A new U.S. Census Bureau survey examining the commuting habits of Americans shows that Newport County boasts the highest percentage of commuters who bike or walk to work, followed by Providence County. more
Gas prices fell in Rhode Island and Massachusetts this week, ending five consecutive weeks of climbing or unchanged gasoline prices in the two states, according to the weekly survey by AAA Southern New England. more
Prices for single-family homes climbed in 74 percent of U.S. cities in the first quarter, fewer than a year earlier, as the nation’s housing rebound cools. more
U.S. stocks climbed, as Internet and small-cap shares rallied while the Dow Jones Industrial Average hit a record, amid deals activity that boosted confidence in the world’s largest economy. more
Purchases of previously owned U.S. homes rose in May by the most in almost three years, a sign the industry is stabilizing after a weather-depressed quarter. more
A majority of financial executives in large and middle-market companies on the East Coast are optimistic about economic growth this year, according to a survey of 300 CFOs, comptrollers, treasurers and directors of finance done by TD Bank. more
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