Economic Activity
914 results total, viewing 711 - 720
Rhode Island’s unemployment rate remained the highest in the country in April despite a drop to 8.3 percent, the U.S. Bureau of Labor Statistics reported Friday. more
Treasury 30-year bonds extended their rally this year to 13 percent as Europe’s economic growth lags behind expectations and central bankers around the world make the case for keeping interest rates low. more
The R.I. Department of Revenue collected $20.7 million less than expected in April, resulting in a 6 percent monthly total general revenue shortfall compared with the state’s original revenue projections, the department reported Thursday. more
“Precarious” is how University of Rhode Island economist Leonard Lardaro characterizes Rhode Island’s economy, following the release Tuesday of a Current Conditions Index that has failed to improve for nine successive months. more
Walgreen Co., the largest U.S. drugstore retailer, withdrew its financial goals for fiscal year 2016 as it considers buying the remainder of Alliance Boots GmbH and possibly moving overseas to lower its tax bill. more
Personal income in Rhode Island rose eight-tenths of a percent in the first quarter, after increasing 1 percent in the fourth quarter of 2013, according to a report released Tuesday by the U.S. Bureau of Economic Analysis. more
Twenty-nine percent of all Rhode Island homes were in serious negative equity during the second quarter, the fourth-highest rate in the country, according to a RealtyTrac report released Thursday. more
The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.7 percent in February, non-seasonally adjusted, from 10.3 percent a month earlier, as the size of the labor force grew 0.6 percent to 691,000 from 686,600, according to a U.S. Bureau of Labor Statistics report released Wednesday. more
The R.I. House of Representatives early Friday morning passed an $8.7 billion state budget for fiscal 2015 that cuts some taxes, makes a payment on the 38 Studios bonds and bars communities from setting their own minimum wage. more
United Natural Foods Inc., a national distributor of natural, organic and specialty food products, saw its bottom line rise 15.1 percent during its fiscal third quarter to $36.4 million, or 73 cents per diluted share, compared with $31.6 million, or 64 cents per diluted share, for the same period last year. more
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