Economic Activity
914 results total, viewing 651 - 660
The U.S. economy expanded in the third quarter at a faster pace than initially reported, led by the biggest increase in inventories since early 1998. Consumer spending slowed. more
The number of contracts Americans signed to buy previously-owned homes unexpectedly fell in October for a fifth consecutive month amid higher borrowing costs that are denting the real-estate recovery. more
Tourists beat a steady path to Rhode Island during the summer 2013, from beaches to cultural events and historic sites. While early estimates show a modest uptick overall, the approximations are, at the very least, a promising sign in one segment of the Ocean State’s sluggish economy. more
WASHINGTON - Consumer spending in the U.S. rose in August for a fourth consecutive month as a pickup in incomes bolstered the biggest part of the economy. Household purchases, which account for … more
A gauge of U.S. company credit risk rose for the fourth day as the U.S. government stands poised for its first partial shutdown in 17 years. The cost to protect the debt of Caesars Entertainment Corp. climbed. more
Personal incomes in Rhode Island rose 0.8 percent in the second quarter of 2013, after dropping 0.8 percent in the first quarter, according to a report released Monday by the U.S. Bureau of Economic Analysis. more
Gasoline prices dropped in Rhode Island and Massachusetts for the third consecutive week, according to the weekly survey by AAA Southern New England. more
Nortek Inc. posted a loss of $8.3 million for 2013, compared with profit of $9.5 million a year earlier. The maker of home and office security solutions, ventilation and air management products, and heating and cooling systems embarked on a dual-focused investment strategy to improve its supply chain operations while growing its top line. more
Private-industry employer costs for employee compensation in New England inched downward in December, dropping 8 cents per hour to an average of $34.40 per hour, but remained the highest in the U.S., according to a quarterly U.S. Bureau of Labor Statistics report issued Wednesday. more
Wall Street’s bonus pool rose 15 percent to $26.7 billion in 2013 as profits from broker-dealer operations on the New York Stock Exchange fell 30 percent, according to estimates by New York state Comptroller Thomas DiNapoli. more
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