Economic Activity
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U.S. retailers’ sales miss estimates as Sandy cuts holiday
U.S. retailers posted November same- store sales that trailed analysts’ estimates as superstorm Sandy depressed traffic early in the month, overwhelming gains from the start of holiday shopping. more
A.T. Cross to explore ‘strategic alternatives’ for accessory division
The A.T. Cross Co., a producer of high-end writing utensils and other personal accessories, announced in a press release late Monday that it is “exploring strategic alternatives” for its Cross Accessory Division. more
| 2/4/13
Tax data-based revisions push R.I. job numbers in spring higher
A recent tax data analysis of the state’s labor market showed better job growth estimates for the second quarter of 2012 than originally reported from a monthly estimate. more
Greenwich Odeum reopening celebration to feature local artists
The Greenwich Odeum, which closed after the Station Nightclub fire in light of stringent new fire code regulations, is reopening its doors on Saturday, Jan. 26, with a celebration that includes local performing artists. more
| 1/25/13
Fitch says U.S. rating still unlikely to change until 2013
Fitch Ratings said its negative outlook on the U.S.’s AAA credit ranking is still unlikely to change before late 2013 as it waits to assess any deficit- reduction plans following this year’s elections. more
Foreclosures, delinquencies fall across the board in October
The Providence-Fall River-New Bedford area foreclosure rate dropped 0.33 percentage points in October compared with the same period last year, CoreLogic said Thursday. more
| 12/20/12
Business owner credit profiles improve across U.S., but not in R.I.
During the last four years, the average credit profile of U.S. small business owners has improved in 45 of 50 states and the District of Columbia, but not Rhode Island, according to a report by The Direct Capital Corp. more
| 11/6/12
R.I. personal income rises 1% in 2Q
Personal income in Rhode Island rose 1 percent from $47 billion during the first quarter of 2012 to $47.5 billion during the second quarter, according to a new report from the U.S. Bureau of Economic Analysis. more
| 9/25/12
R.I. exports fall 13.8% in September
Exports from the Ocean State decreased 13.8 percent in September to $177.1 million on a month-to-month, seasonally adjusted basis after rising 20.7 percent in August, according to an international trade statistics report from e-forecasting.com. more
| 11/27/12
Roger Williams narrows search for home of new Prov. location
Roger Williams University leaders have narrowed their search for a new downtown Providence branch to five locations and hope to recommend one to trustees next month, school officials said Thursday. more
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