Economic Activity
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R.I. industrial employment drops 2.2 percent in 2012
EVANSTON, Ill. – Industrial employment in Rhode Island declined 2.2 percent over the past year according to the 2013 Rhode Island Manufacturers Register, an industrial directory published annually by Manufacturers’ News Inc. more
3/18/13
Perks keep Collette on fast track
(Editor’s Note: This is the fifth in an occasional series of stories that will feature the companies and industries creating jobs in the region.) more
3/18/13
Activity of EDC in decline
Rhode Island’s economic-development arm has yet to find a cure for its 38 Studios LLC hangover. more

By Patrick Anderson
PBN Staff Writer | 3/18/13

Regional consumer prices rise 2% in February
The Consumer Price Index in the Northeast rose 2 percent over the last 12 months in February, according to a report from the U.S. Bureau of Labor Statistics. more
| 3/15/13
Nortek reverses 2011 results, posts 2012 profit
Despite taking a $6.4 million pre-tax loss from the retirement of debt, Nortek Inc., the maker of residential and commercial building products, posted net income of $9.5 million in 2012, reversing its loss of $55.9 million in the previous year. more
| 3/14/13
Boston Phoenix to close, Providence to remain open
(Updated, 3:20 p.m.) The Boston Phoenix will close immediately, as will WFNX.com, the company’s online radio station, reported Boston.com. more
| 3/14/13
Prov. metro population increases slightly from ’10
The population of the Providence-Warwick metropolitan area grew by 522 in the past two years, according to new population estimates released by the U.S. Census Bureau. more
| 3/14/13
Mortgage rates for 30-year U.S. loans rise to a 6-mo. high
U.S. mortgage rates for 30-year loans rose to a six-month high after stronger-than-expected employment growth drove up yields for the government securities that guide home loans. more
Foreclosure filings drop in 4Q, ’12
A new report from HousingWorks RI showed that 11.2 percent fewer residential foreclosure deeds were filed in Rhode Island during the fourth quarter of 2012 compared with the fourth quarter of 2011 and 36 percent fewer compared with the fourth quarter of 2009. more
| 3/14/13
Consumer comfort in U.S. improves to highest level since April
Confidence among U.S. consumers climbed for a sixth straight week to the highest level since April as a rally in stock prices and improving job market boosted Americans’ view of their finances. more
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