Economic Activity
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R.I. jobless rate falls to 9.1%, lowest since Nov. 2008
Rhode Island’s unemployment rate fell to 9.1 percent in March, the lowest unemployment rate for the Ocean State since November 2008, the R.I. Department of Labor and Training announced Thursday. more
| 4/18/13 | 1 comment
R.I. foreclosure inventory rises slightly in December
The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in December to 2.9 percent, CoreLogic reported Friday. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 2/1/13
Dow average surges to record as profits stoke 4-year rebound
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve. more
Work begins on I-195 land
The next step in the redevelopment of the former Interstate 195 footprint in the capital city took place Monday, marked by an official groundbreaking at the western end of the property attended by Gov. Lincoln D. Chafee as well as the city’s congressional delegation. more
| 4/8/13 | 1 comment
U.S. stocks fall as investors await start of earnings season
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a five-year high, as investors awaited the start of the corporate earnings season tomorrow. more
Home sales, prices rise in Bristol County, Mass. in December
Bristol County, Mass. single-family homes sales climbed 15 percent and the median sale price 8 percent in December compared with the same period in 2011, The Warren Group said Thursday. more
April 1 deadline looms for biz plan applicants
The deadline to apply to the 2013 Rhode Island Business Plan Competition is one week away and all applications are due by 5 p.m. on Monday, April 1. more
| 3/25/13
U.S. stock-index futures decline amid talks on budget, Greek aid
U.S. stock futures fell, following the Standard & Poor’s 500 Index’s biggest weekly gain since June, as lawmakers prepared to debate the so-called fiscal cliff and euro-area finance ministers discuss Greek aid. more
R.I. real estate sales continue to rise in December, 2012
Rhode Island single-family home sales rose 9 percent in December compared with the same period the previous year, ending 2012 sales up 20 percent from 2011, the Rhode Island Association of Realtors said Friday. more
Revised 3Q job data show 4,900 more jobs in Rhode Island
Job growth in Rhode Island exceeded employment estimates for the third quarter of 2012 by 4,900 jobs, according to a press release from the state Department of Labor and Training. more
| 2/19/13
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