Economic Activity
1002 results total, viewing 611 - 620
(Updated, 5:15 p.m.) Cornish Associates LP has added to its Westminster Street portfolio again. The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development Steve Durkee confirmed Monday. more
Bringing Broadway to the Providence Performing Arts Center will continue through the 2016-17 season thanks to a new multi-year sponsorship by the Taco/White Family Foundation. more
U.S. stocks rose after the International Monetary Fund raised its forecast for global growth and corporate earnings beat analysts’ estimates. more
Sprague Operating Resources LLC, an energy company headquartered in Portsmouth, N.H., has agreed to pay $3.5 million in rent annually to Capital Properties Inc. in exchange for the use of Capital Properties’ million-barrel petroleum storage facility in East Providence. more
Manufacturing in the U.S. expanded at a faster pace in March as gains in production and orders showed the industry was mending at the close of a winter-depressed first quarter. more
(Updated, 6:56 p.m.) The I-195 Redevelopment District Commission has received “several” development proposals, including potential commercial, residential, hospitality and recreational projects, for the former highway land known as The Link, the agency said Tuesday. more
The economy may be growing at a frustratingly slow pace, but one piece of it is booming: American homeowners’ equity holdings – the market value of their houses minus their mortgage debts – soared by nearly $2.1 trillion last year to $10 trillion. more
Rhode Island saw exports fall 12.8 percent from a year earlier in January to $198.8 million, as continued weakness in developed economies as well as slowing in the developing world dampened demand for Ocean State shipments. more
(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
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
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