Economic Activity
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Chafee announces transparency initiative
Gov. Lincoln D. Chafee has signed an executive order in support of a new Transparency and Accountability Initiative as part of the “continuing efforts to promote open and honest government in the state of Rhode Island,” the Office of the Governor announced Thursday. more
| 1/10/13
Housing: market shift to sellers?
House hunters diving into the spring real estate market may encounter something unseen since the giddy days of the subprime bubble: a bidding war. more

By Patrick Anderson
PBN Staff Writer | 4/8/13

A.T. Cross profit falls in 4Q, rises over year
A.T. Cross Co. saw profit fall 1.6 percent in the fourth quarter of 2012 but rise 10.1 percent for the year as a whole, the personal- and business-accessories maker said late Wednesday. more
| 2/20/13
SEED makes $1M in loans, 19 new jobs expected
The South Eastern Economic Development Corp. has made $1 million in loans to three small businesses that will create 19 new jobs, according to a press release from the nonprofit. more
Lardaro: 2013 starts with ‘very strong, favorable trends’
The pace of Rhode Island’s economic recovery accelerated during the third and fourth quarters of 2012, according to University of Rhode Island economist Leonard Lardaro’s analysis of recently released revised labor market data. Even better news, he said, is that the trend continued into the New Year. more
Retail sales in U.S. increase for 3rd consecutive month
Retail sales in the U.S. rose in January for a third consecutive month, showing household spending is holding up even as an increase in the payroll tax takes a bigger bite from paychecks. more
Orders to U.S. factories rose less than forecast in December
Orders placed with U.S. factories increased less than forecast in December, reflecting a drop in non-durable goods that partly countered gains in construction equipment and computers more
‘Phantom’ reboot to launch at PPAC
A “newly reimagined” “The Phantom Of The Opera” will launch its North American tour at the Providence Performing Arts Center in November. more
The Steel Yard welcomes Lang as new executive director
Industrial arts nonprofit The Steel Yard welcomed its new executive director, nonprofit arts management veteran Helen Lang, who started in early April, the organization announced Friday. more
| 4/19/13
Jobless claims in U.S. rose more than forecast in holidays
More Americans than forecast filed claims for unemployment insurance payments last week as the closing of some state agencies during the holidays prompted the government to estimate figures. more
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