Economic Activity
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Growth in the Massachusetts economy accelerated in the third quarter, bolstered by a recovering housing market, and consumer and business spending, local economy journal MassBenchmarks reported in its Current Economic Index Thursday. more
The economy in the U.S. expanded in the third quarter at a faster pace than forecast, led by the biggest increase in inventories in more than a year as household purchases and business investment slowed. more
Massachusetts was named the most energy-efficient state for the third year in a row, according to the seventh State Energy Efficiency Scorecard produced by the American Council for an Energy-Efficient Economy. more
Michael Integlia & Co. Wednesday announced plans to preserve the Elizabeth Mill while redeveloping it and the rest of the former Leviton property on Jefferson Blvd. more
The votes against allowing casinos in two Massachusetts towns reveal clear winners and losers as they shed light on the continuing expansion of gambling in the Bay State, according to the Boston Business Journal. more
U.S. stocks advanced, with the Standard & Poor’s 500 Index poised for a record close, as investors awaited data this week on jobs and economic growth for clues on when the Federal Reserve will cut stimulus. more
BlackRock Inc. and Fidelity Investments will be studied by U.S. regulators who are in the early stages of reviewing whether asset managers pose a potential risk to the financial system. more
Service industries in the U.S. expanded in October at a faster pace than forecast, showing the biggest part of the economy was holding up as the federal government shut down. more
The U.S. homeownership rate climbed from the lowest level in 18 years, signaling that the real-estate rebound is drawing in more buyers. more
Single-family home prices in the Providence metro area rose 7.5 percent in September compared with the same period in 2012, CoreLogic said Tuesday. more
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