Economic Activity
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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
Work begins on most U.S. single-family homes in 4 years
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more
Revised 3Q job data show 4,900 more jobs in Rhode Island
Job growth in Rhode Island exceeded employment estimates for the third quarter of 2012 by 4,900 jobs, according to a press release from the state Department of Labor and Training. more
| 2/19/13
UMass Dartmouth: Facebook drops as corporate communications tool
LinkedIn has become the most common social media tool used by companies on Inc. magazine’s 2012 Inc. 500 list, according to a study released Tuesday by the University of Massachusetts Dartmouth. more
| 2/19/13
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