Economic Activity
984 results total, viewing 561 - 570
Consumer confidence fell more than forecast in February as growing concern about the U.S. economy’s direction outweighed improving perceptions of its current state. more
Consumer debt in the U.S. rose last quarter by the most in more than six years as Americans borrowed to buy homes and cars and to pay for education, according to a survey by the Federal Reserve Bank of New York. more
Personal incomes in Rhode Island rose 2.6 percent in 2013, while the state’s per capita income ranked as the 14th highest in the nation, according to a report released Tuesday by the U.S. Bureau of Economic Analysis. Personal income in the Ocean State totaled $49.4 billion last year, a gain of $1.3 billion compared with the 2012 total of $48.2 billion. more
The U.S. will post the narrowest budget deficit this year as a share of the economy since 2007 as stronger growth helps boost tax revenue, according to the Congressional Budget Office. more
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing above its record close, as purchases of new homes unexpectedly climbed to the highest level in more than five years and retailers rallied. more
Gasoline prices climbed back up again in Rhode Island this week while the Massachusetts average remained unchanged from a week ago, reflecting volatility in national gas prices, according to the weekly survey by AAA Southern New England. more
The Interstate 195 Redevelopment Commission Monday heard presentations from two developers with plans for the east side of the former highway land. more
Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances. more
Expectations of credit access among U.S. consumers improved in recent months even as their predictions for inflation held steady, according to a survey by the Federal Reserve Bank of New York. more
Private-industry employer costs for employee compensation in New England inched downward in December, dropping 8 cents per hour to an average of $34.40 per hour, but remained the highest in the U.S., according to a quarterly U.S. Bureau of Labor Statistics report issued Wednesday. more
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