Economic Activity
911 results total, viewing 471 - 480
A majority of Rhode Island’s renters aged 18 to 24 are burdened by housing costs, according to an analysis of U.S. Census data released Wednesday by HousingWorks RI. more
After analyzing tax data from 32,000 businesses, the R.I. Department of Labor and Training announced Thursday that there were 1,800 more Rhode Island-based jobs in the first quarter than originally estimated. more
U.S. mortgage rates fell for a second week, lowering borrowing costs as the housing recovery gets a second wind. more
Providence’s summer jobs program has helped 650 city youth find employment this summer, Mayor Angel Taveras announced Thursday. more
Despite its small size compared with many North American metropolises, Providence ranks as the 38th most traffic-congested city in the United States and Canada, according to a new report released by GPS-device manufacturer TomTom. more
Consumer spending in the U.S. grew less than forecast in May as Americans used gains in income to shore up household finances. more
The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled. more
After advancing slightly in last year’s ranking, Rhode Island dropped once again to dead last in CNBC’s America’s Top States for Business 2014 report. The 2014 ranking represents the third time in the last four years that Rhode Island came in at No. 50 in the CNBC report, which scored all 50 states on 56 measures of economic competitiveness. more
The Massachusetts Gaming Commission on Wednesday unanimously voted not to delay the Boston-area casino licensing process until after voters decide the question of whether the 2011 law allowing casinos in the state should be repealed, the Associated Press reported. more
A total of 451 single-family and multifamily homes in Rhode Island were foreclosed upon during the first quarter of 2014, an increase of 19.9 percent over the 376 foreclosures reported for the same period last year, affordable homes coalition HousingWorks RI reported Thursday. more
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