Updated January 23 at 9:23pm
Economic Activity
1599 results total, viewing 71 - 80
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
Worker productivity rose in the third quarter by the most in two years as the economy picked up steam, offering a respite from the weak efficiency gains that have defined the U.S. expansion. 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
Federal Reserve Chair Janet Yellen offered a subtle change to her outlook from less than a week ago, saying she and her colleagues were on watch for whether, rather than when, the U.S. economy would show clear signs of improvement. more
Federal Reserve officials were divided in July over the urgency to raise interest rates again, with some preferring to wait because inflation remained benign and others wanting to go soon as the labor market nears full employment. more
Genesee & Wyoming Inc. said Monday that it has agreed to acquire Providence and Worcester Railroad Co. for approximately $126 million, or $25 per share. more
Gasoline prices remained the same this week in Rhode Island, but rose 2 cents in Massachusetts, AAA Northeast said Monday. more
Employers in April added the fewest number of workers in seven months and the U.S. jobless rate held steady as subdued economic growth prompted a more moderate rate of hiring. more
Banco Santander SA lowered its profitability target for 2018 as growth expectations worsened in the U.K. and other countries where the Spanish bank does business. more
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