Economic Activity
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R.I.’s leading economic indicators edge upward in November
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose 0.1 percent to 120.9 in November. more
| 1/23/13
R.I. foreclosure inventory rises slightly in December
The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in December to 2.9 percent, CoreLogic reported Friday. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 2/1/13
R.I. real estate sales continue to rise in December, 2012
Rhode Island single-family home sales rose 9 percent in December compared with the same period the previous year, ending 2012 sales up 20 percent from 2011, the Rhode Island Association of Realtors said Friday. more
RIPEC, EDC, GA form legislation-tracking partnership
The Rhode Island Public Expenditure Council and the R.I. Economic Development Corporation have established a collaborative partnership with the state’s General Assembly to build a legislative database as a resource for Rhode Island businesses. more
| 1/30/13
‘Superman’ bldg owner ‘bullish on Providence,’ considers many uses
The owner of the Industrial Trust Tower said he believes there is demand for new apartments downtown, but is not ruling out any mix of uses for the landmark known as the “Superman building.” more
Report: 22% of R.I. children live with an unemployed or underemployed parent
More than 20 percent of children in the Ocean State live with a parent who is either unemployed or underemployed, according to a report from the Urban Institute. more
| 3/26/13
Prudential Gammons Realty named IMLS ‘preferred partner’
Prudential Gammons Realty has been “specifically selected” as a partner to the International Multiple Listing Service (IMLS), and exclusive access to international leads, the company announced Wednesday. more
Taveras taps Flores-Marzán as urban development director
Rubén Flores-Marzán, the former president of the planning board of the Commonwealth of Puerto Rico, has been named Providence’s planning and urban development director by Mayor Angel Taveras. more
Women lose more ground in U.S. small business contracts race
U.S. government contracts to women- owned small businesses dropped for the second consecutive year, declining at a faster rate than awards to their male counterparts. more
Oil trades near 4-month high before vote on U.S. debt ceiling
Oil traded near a four-month high as the U.S. House of Representatives neared a vote to temporarily suspend the country’s borrowing limit. more
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