Updated January 24 at 4:24pm
Economic Activity
737 results total, viewing 291 - 300
Per capita consumer spending in Rhode Island grew 9 percent between 2009 and 2012, signifying improved consumer confidence since the Great Recession but lagging New England and U.S. spending growth for the same period, according to U.S. Bureau of Economic Analysis data released Thursday. more
A U.S. District Court judge has ruled that High Rock Westminster Street LLC’s lawsuit against Bank of America Corp. will continue after determining High Rock does not owe the bank reimbursement for the $350,000 Bank of America paid to have High Rock remove its personal property from the now-vacant 111 Westminster St. office tower. more
Vestas Wind Systems A/S, a global wind energy company, will sponsor a boat in the Volvo Ocean Race 2014-15. Chris Nicholson, a six-time world champion who will be contesting his fifth race, will skipper the boat for the race that starts on Oct. 4 in Alicante, Spain. more
United Parcel Service Inc. said it expects six days during this holiday season to surpass its single-busiest shipping day last year, a workload sure to put its yearlong preparation to the test as online retail sales rise. more
AAA Southern New England reported a 2 cent per gallon gasoline price decline in both Rhode Island and Massachusetts this week, the sixth consecutive week that prices have fallen in the region. more
Treasury two-year notes set for sale today were poised to draw the lowest yield in five months on speculation the Federal Reserve will keep interest rates low even as it ends its bond-buying program. more
Home sales are expected to increase by 9 percent in 2015, and home price growth is expected to be moderate, according to data firm CoreLogic’s 2015 housing outlook report. more
A higher deduction is now being allowed for business assets, according to the state Department of Revenue’s Division of Taxation. more
Special pricing from Jan. 11 to Jan. 24 will be offered at about 80 restaurants in Rhode Island and one Massachusetts town through Winter Restaurant Weeks, with some locations incorporating a Girl Scout cookie promotion. more
Rhode Island’s median single-family home price increased 3.2 percent in November compared with November 2013, but sales declined 2.4 percent during that same period, the Rhode Island Association of Realtors said on Tuesday. more
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