Economic Activity
516 results total, viewing 81 - 90
The two-year-old U.S. housing recovery is faltering. The Mortgage Bankers Association on Wednesday lowered its forecast for combined new and existing home sales in 2014 to 5.28 million - a decline of 4.1 percent that would be the first annual drop in four years. more
Passenger traffic at T.F. Green Airport declined 7.8 percent in May, the largest year-over-year drop for a single month so far this year, according to numbers released Friday by the R.I. Airport Corporation. more
Single-family home prices in the Providence-Warwick metro area increased 3.2 percent year over year in May, according to the CoreLogic Home Price Index report released Tuesday. more
President Barack Obama signed into law a $12.3 billion water-projects plan that will pay for deepening ports for bigger ships, cutting costs for exporters. more
(Updated, July 10, 11:02 a.m.) Cape Wind Associates LLC has a tentative agreement to lease 14 acres at Quonset Business Park in North Kingstown as a staging area to build its planned 130-turbine windfarm off the coast of Massachusetts, the Quonset Development Corporation said Wednesday. more
Demolition has begun at Rocky Point, launching the next phase of a $3.06 million project to restore and redevelop the property into a new coastal state park, the R.I. Department of Environmental Management said Wednesday. more
The trade deficit in the U.S. narrowed more than forecast in May on record exports, signaling a pickup in global growth that will boost American manufacturers. more
The Dow Jones Industrial Average climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details of its stimulus plans. more
Two Rhode Island banks posted a higher return on assets than the national average for the first quarter of 2014, according to the Federal Deposit Insurance Corp.’s Quarterly Banking Profile. more
Confidence among U.S. homebuilders rose more than forecast in July, reaching the highest level in six months, as growing payrolls brightened the outlook after a shaky first half. more
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