Economic Activity
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Northeast wholesale power gains as colder weather sweeps region
Wholesale electricity prices from New York to Maine climbed as frigid weather lifted demand while a snow storm is forecast for the region over the next two days. more
Darth Vader’s inspiration can guide Big East on picking new name
Darth Vader might serve as inspiration for the Big East Conference, which must change its name after the so-called Catholic Seven leaves in three months and takes the league’s moniker with them. more
Grow Smart R.I. to honor community leaders, projects
Grow Smart Rhode Island – a nonprofit that advocates for sustainable economic growth in the Ocean State – will honor individuals, plans and projects that play to Rhode Island’s strengths, generate sustainable economic benefits and improve the state’s communities and neighborhoods at its second annual awards gala in June. more
| 5/7/13
MassBenchmarks: State has ‘excellent’ 1Q
Massachusetts’ real gross state product increased at a 3.9 percent annualized rate during the first quarter, according to the Current Economic Index released Friday by MassBenchmarks. more
| 4/26/13
Orders to U.S. factories climb on demand for autos, planes
Orders placed with U.S. factories increased in February, boosted by a pickup in demand for motor vehicles and commercial aircraft. more
Consumer spending in U.S. climbs even as taxes hurt incomes
Consumer spending in the U.S. rose in January even as incomes dropped by the most in 20 years, showing households were weathering the payroll-tax increase by socking away less money in the bank. more
Pending sales of U.S. existing homes rise more than forecast
Contracts to purchase previously owned U.S. homes climbed more than forecast in January, a sign the industry will keep strengthening this year. more
MassBenchmarks: Outlook positive, but sequestration is ‘major threat’
After a relatively good year in 2012, the Massachusetts economy is poised for expansion, according to the Leading Economic Index released Tuesday by the MassBenchmarks editorial board, which added that sequestration was a “major threat to state economic growth.” more
| 2/26/13
MassBenchmarks: State economy grows ‘modestly’ in 4Q
Massachusetts’ real gross state product increased at a 1 percent annualized rate during the fourth quarter, according to the Current Economic Index released Tuesday by MassBenchmarks. more
| 1/30/13
Foreclosure starts, completions fall in Providence metro in March
March foreclosure starts in the Providence-Fall River-New Bedford area dropped 15.5 percent and completed foreclosures fell 6.9 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 4/12/13
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