Economic Activity
522 results total, viewing 481 - 490
BOSTON – The Mass. Bureau of Labor Statistics’ preliminary estimates show that Massachusetts added 9,100 jobs in May and the total unemployment rate dropped 0.4 of a percentage point from April’s rate to 5.6 percent. more
Rhode Island should be attracting a substantial amount of research and development, considering its mostly urban environment, good public and private universities and its human capital, says Michael Hicks, director of Ball State University’s Center for Business and Economic Research, which last month released its 2014 Manufacturing and Logistics Report. more
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
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
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
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its biggest drop since April, as Google Inc. advanced and concerns eased over crises in the Ukraine and Middle East. more
Beginning home construction unexpectedly declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of the U.S. more
New Bedford-based Precix pulled itself out of the Great Recession by getting very lean and benefiting from consumers, who were finally purchasing new cars again. But the manufacturer of O-rings and seals for the automotive, aerospace and energy industries hasn’t rested easy, or simply relied on improved auto sales for its continued fast growth. more
Argentina is in default again, but its latest predicament is far from your garden-variety sovereign debt crisis. This time South America’s second-largest economy has been tripped up not by new borrowing, but by a lawsuit from American hedge funds blocking settlements with bondholders over a 2001 default. more
If the region’s business leaders listened only to the chattering class or politicians with points to score, you get the sense they wouldn’t bother to get out of bed in the morning. After all, Rhode Island is dead last is every job-creation or business-climate list, right? more
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