Economic Activity
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R.I. at bottom of small-business friendly states, again
Rhode Island finds itself at the bottom of another national ranking, this one for friendliness toward small business. Based on a survey conducted by Thumbtack.com and the Ewing Marion Kauffman Foundation of 7,766 small businesses, Rhode Island was given an “F,” along with Hawaii and Maine. more
| 4/3/13
Gilbane: Spending growth seems ‘here to stay’
After ending 2012 with a 10 percent year-over-year increase in construction spending, spending is expected to grow more than 7 percent in 2013; the Gilbane Building Co. said in its spring 2013 edition of its annual construction-industry economic report. more
| 4/3/13
Home prices rise 1% in the Prov. metro area in Feb.
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 1 percent from February 2012 to February 2013, according to CoreLogic’s Home Price Index. more
| 4/3/13
2012 a ‘year of contrasts’ for R.I. real estate, says Capstone
For Rhode Island’s commercial real estate market, 2012 was a “year of contrasts between large and small transactions across all property types,” according to Capstone Properties’ 2012 real estate survey. more
| 4/2/13
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
Foreclosure starts, deeds fall in Bristol County, Mass., in Feb.
Bristol County, Mass., foreclosure starts dropped 46.8 percent in February while finished foreclosures dropped 46.4 percent compared with the second month of 2012, The Warren Group said Tuesday. more
| 4/2/13
N. Providence mill lands spot on historic register
The Lymansville Co. Mill, following long-term restoration, has been added to the National Register of Historic Places by the National Park Service, announced the R.I. Historical Preservation and Heritage Commission. more
Manufacturing cools in U.S. as government cuts loom
Manufacturing grew less than forecast in March as orders and production cooled, highlighting the risk of a U.S. economic slowdown this quarter as federal budget cuts take effect. more
Providence metro ranks No. 66 on list of ‘best places for young adults’
The Providence metropolitan area ranked No. 66 on The Business Journal’s rankings of which of the 102 major markets in the United States are the best places for young adults to start their careers. more
| 4/1/13
S&P 500 rally shows analysts slow or investors too sanguine
The advance that pushed the Standard & Poor’s 500 Index to a record left companies trading closer to analyst price estimates than any time in at least seven years. more
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