Economic Activity
932 results total, viewing 541 - 550
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing above its record close, as purchases of new homes unexpectedly climbed to the highest level in more than five years and retailers rallied. more
Rhode Island Housing has awarded preliminary approval for $1.9 million in tax credits to two development projects that will collectively create 107 new homes in Providence. more
Citigroup Inc. and JPMorgan Chase & Co. are bracing investors for a fourth consecutive drop in first-quarter trading, a period of the year when the largest investment banks typically earn the most from that business. more
Central Falls has the highest percentage of mortgages in negative equity of all 39 cities and towns in Rhode Island, while Little Compton claims the lowest percentage, according to data compiled by Zillow.com. more
Rhode Island placed No. 10 in a study that ranked the 10 U.S. states with the highest percentage of top-rated 401(k) retirement plans. more
Single-family home prices in the Providence-Warwick metro area rose 4.6 percent in January compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
Manufacturing expanded at a faster pace than projected in February, a sign the industry was beginning to overcome bad weather across much of the United States. more
Consumer spending in the United States climbed more than forecast in January as incomes increased, making it more likely the biggest part of the economy will be able to sustain growth in early 2014. more
The new year brought mixed economic results in Rhode Island, as discouraging unemployment data offset positive revisions of January payroll estimates, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
President Barack Obama’s advisers said the U.S. economy is on track to strengthen and add more jobs in the next two years because many of the impediments to faster growth have subsided. more
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