Economic Activity
936 results total, viewing 571 - 580
Rhode Island’s economy sustained positive, if sluggish, momentum in October, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
Single-family home sales in Rhode Island saw 10.7 percent growth in 2013, according to Re/Max of New England, and thanks to the improving health of the residential real estate market, the median price for a single-family home during the year increased as well, by 7.4 percent to $206,870. more
Federal assistance accounts for 38.3 percent of Rhode Island’s general revenue, according to the Tax Foundation, which released a map on Monday depicting federal aid as part of general revenue for all 50 states. more
Fewer Americans than forecast filed applications for unemployment benefits last week, indicating U.S. employers were maintaining staff counts in the days leading up to the government shutdown. more
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery. more
Rhode Island’s foreclosure inventory rate fell 0.4 percentage points from May 2012 to May 2013, according to the National Foreclosure Report from CoreLogic. more
Mayor Will Flanagan and executives of Foxwoods affiliate Crossroads Massachusetts LLC announced the developer’s intention to build a resort casino in Fall River at a Tuesday morning press conference. more
Consumer confidence fell last week to the lowest level in two months as Americans’ views on the economy deteriorated. more
Consumer sentiment last week hovered near a five-year high as more Americans said the economy was improving and their finances were mending. more
Fewer Americans than forecast signed contracts to buy previously owned homes in September, the fourth straight month of declines, as rising mortgage rates slowed momentum in the housing market. more
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