Economic Activity
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R.I. exports rise slightly in Oct. after Sept. drop
Exports from the Ocean State rose 1.4 percent in October to $179.5 million on a month-to-month, seasonally adjusted basis after dropping 13.8 percent in September, according to an international trade statistics report from e-forecasting.com. more
| 12/14/12
Seven schools to leave Big East
Seven non-Football Bowl Subdivision schools in the Big East – DePaul University, Georgetown University, Marquette University, Providence College, St. John’s University, Seton Hall University and Villanova University – have agreed to leave the conference, reported ESPN. more
| 12/14/12
Metcalf Institute to participate in Gulf oil spill conference
The Metcalf Institute for Marine & Environmental Reporting will host a science translation workshop at the first-ever joint private and federal conference focused on the Gulf of Mexico oil spill and ecosystem science. more
| 12/14/12
Consumer prices in U.S. fell more than forecast in November
The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check. more
Projected deficit drops to $63.9M for FY2014
Rhode Island’s projected budget deficit for fiscal 2014 is $69.3 million, state budget officials said Wednesday, $61 million smaller than forecast last spring. more
AAA: 93.3M Americans to travel during holiday season
Roughly 93.3 million Americans will journey 50 miles or more from home during the year-end holiday season that falls between Dec. 22 and Jan. 1, according to AAA Southern New England. more
| 12/13/12
R.I. ranked 2nd worst state to do business
On Forbes Magazine’s list of the Best States for Business, Rhode Island ranked 49th, beating out only Maine as the worst state in the country to do business. more
| 12/13/12 | 1 comment
CVS forecasts 2013 profit that tops analysts’ estimates
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., forecast 2013 profit that topped analysts’ estimates as it benefits from new pharmacy customers. more
Foreclosure starts fall 13% in Providence metro area
Lenders initiated 13 percent fewer foreclosures in the Providence-Fall River-New Bedford area in November then they did during the same period in 2011, ReatyTrac said Thursday. more
Fed boosts QE with $45B in monthly Treasury purchases
The Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and it linked the outlook for its main interest rate to unemployment and inflation. more
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