Updated October 24 at 8:24am
Economic Activity
1509 results total, viewing 51 - 60
Jobless rates fell in 333 of the 387 metropolitan areas nationwide over the year in May, including in the Providence-Warwick-Fall River metropolitan area, the federal Bureau of Labor Statistics reported this week. more
(Updated 3:24 p.m.) The Women’s Center of Rhode Island on Friday will dissolve as an organization, and its programs and services will merge into Crossroads Rhode Island where they will be known as the Domestic Violence Program of Crossroads Rhode Island. more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
A healing job market is giving the U.S. Federal Reserve reason to pull back on economic stimulus by ending an unprecedented period of near-zero interest rates. more
Cranston’s Saletin Real Estate Group recently acquired Foxfield Plaza here for $5.5 million and is proposing to redevelop the 19-acre site at 369 Central St. into a mixed-use development called Forbes Crossing. more
An ocean-view condominium at 23 Beach St. was sold for $1,050,000 in late May, Lila Delman Real Estate International announced recently. It was the highest price for a condominium in Narragansett in three years. more
The residential real estate market in Rhode Island continued along its brisk pace in May, ending the month with a nearly 19 percent increase in sales activity for single-family houses, according to the Rhode Island Association of Realtors. more
The state’s seasonally adjusted unemployment rate fell 1 percentage point year over year in April to 5.3 percent, a level not seen since August 2007, the R.I. Department of Labor and Training announced in its monthly report Thursday afternoon. more
One percent hotel tax collections grew 19.3 percent year over year in May, and 14.4 percent during the first 11 months of the fiscal year compared with the same fiscal period a year prior, the state Department of Revenue said this week. more
When it comes to income inequality, Rhode Island ranks 28th among the 50 states, according to a report from the Economic Policy Institute, which said income inequality has risen in every state since the 1970s. more
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