Updated July 30 at 9:30am
Economic Activity
1472 results total, viewing 511 - 520
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
A national solar power provider announced on Monday it will begin providing service in 10 Rhode Island municipalities, increasing its national footprint to 18 states. more
Single-family home sales increased on an annual basis in every state in the First District, except Massachusetts, where the number of sales declined, according to the Federal Reserve’s latest Beige Book report that notes economic conditions from early April to late May. more
Rhode Island’s foreclosure inventory was 1.7 percent in December, a half a percentage point drop from a year ago, according to data firm CoreLogic. 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
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