Economic Activity
1090 results total, viewing 271 - 280
The number of Americans filing applications for unemployment benefits held last week near the lowest level in almost four months, a sign the labor market continues to strengthen. more
(Updated, 4:15 p.m.) Developer Richard Baccari II said Monday that his proposal for a mixed-use building on a parcel of East Side former Interstate 195 land has received a preliminary endorsement from the I-195 Redevelopment District Commission. more
(Updated, 5:15 p.m.) Cornish Associates LP has added to its Westminster Street portfolio again. The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development Steve Durkee confirmed Monday. more
Alex and Ani LLC is closing its store on Weybosett Street in Providence next month and replacing it with an employee training center. more
Bringing Broadway to the Providence Performing Arts Center will continue through the 2016-17 season thanks to a new multi-year sponsorship by the Taco/White Family Foundation. more
Rhode Island’s economic outlook improved over the last year, but “significant uncertainties and challenges” continue to face the Ocean State, according to a report from the New England Economic Partnership. more
U.S. stocks rose after the International Monetary Fund raised its forecast for global growth and corporate earnings beat analysts’ estimates. more
Rhode Island’s jobless rate remained the highest in New England and the third highest in the nation in October at 7.4 percent, according to information from the federal Bureau of Labor Statistics. more
Sprague Operating Resources LLC, an energy company headquartered in Portsmouth, N.H., has agreed to pay $3.5 million in rent annually to Capital Properties Inc. in exchange for the use of Capital Properties’ million-barrel petroleum storage facility in East Providence. more
Manufacturing in the U.S. expanded at a faster pace in March as gains in production and orders showed the industry was mending at the close of a winter-depressed first quarter. more
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