Economic Activity
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R.I. homeowners receive 4Q mortgage relief valued at $59M
Homeowners in Rhode Island are continuing to receive financial relief from the five mortgage service providers at the center of the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced. more
Gilbane lands Training Mag’s Best Practice award
Training Magazine, a professional and workforce development publication, has ranked Gilbane Building Co.’s new sales model one of the most “innovative and successful” among firms in its “Top 125 Organizations” list. more
Realtor confidence in Mass. hits 5-year high
The Massachusetts Association of Realtors announced that the confidence of the state’s realtors started 2013 at a five-year high, reported the Boston Business Journal. more
| 2/21/13
Regional consumer prices continue to rise in January
The Consumer Price Index in the Northeast rose 1.8 percent over the last 12 months to 247.23 in January, according to a report from the U.S. Bureau of Labor Statistics. more
| 2/21/13
Jobless claims in U.S. rise for first time in three weeks
Applications for unemployment benefits in the U.S. rose last week, returning to levels seen prior to the holiday period and indicating little change in the pace of firings. more
A.T. Cross profit falls in 4Q, rises over year
A.T. Cross Co. saw profit fall 1.6 percent in the fourth quarter of 2012 but rise 10.1 percent for the year as a whole, the personal- and business-accessories maker said late Wednesday. more
| 2/20/13
Report: R.I. economy demands ‘unique approach to economic development’
There’s more to the Rhode Island economy than what is reflected in recent national rankings, according to a report released Wednesday by Fourth Economy Consulting. more
| 2/20/13
Providence metro named 25th most expensive in U.S.
The Providence region was the 25th most expensive metro area in the United States in 2012, according to the latest index from the Center for Regional Economic Competitiveness, WPRI.com reported. more
| 2/20/13
Picerne breaks ground in Ft. Meade
Picerne Military Housing, a division of Corvias Group, broke ground Wednesday in Fort Meade, Md., in the first-ever, public-private partnership to build on-post barracks with the U.S. Army. more
| 2/20/13
Progreso Latino, HousingWorks RI land $215K for foreclosure work
Two Rhode Island organizations have received grants totaling $215,000 as part of the National Mortgage Settlement funding, R.I. Attorney General Peter F. Kilmartin announced Tuesday. more
| 2/20/13
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