Economic Activity
504 results total, viewing 261 - 270
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
U.S. stocks rose, following the first back-to-back weekly losses since January for the Standard & Poor’s 500 Index, as Internet and small-cap shares extended a rally after a selloff. more
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
The Providence-Fall River-Warwick metro area added 900 construction jobs over the year ended in April, an increase of 5 percent that earned the region a spot at No. 122 in a ranking of U.S. metro areas in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released Tuesday. more
The Black Knight Home Price Index for the Providence metro area improved 2.6 percent in March compared with a year earlier, rising to $234,000 from $228,000, Black Knight Financial Services reported Tuesday. more
Rhode Island single-family homes sales fell 5 percent in April compared with the same period last year, while the median sale price rose 17 percent during the same period, the Rhode Island Association of Realtors said Tuesday. more
The Procaccianti Group on Tuesday announced plans to tear down the John E. Fogarty Memorial Building and erect in its place a 170-room “premium-branded upscale extended-stay hotel.” more
Orders for durable goods unexpectedly climbed for a third month in April, a sign U.S. factories will help the world’s biggest economy strengthen. more
The Providence-Warwick metro area saw its foreclosure rate decline in March to 1.82 percent compared with 2.89 percent during the same month a year earlier, real estate data firm CoreLogic reported Tuesday. more
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