Economic Activity
914 results total, viewing 441 - 450
The unemployment rate in the Providence-Fall River-Warwick metro area rose to 9.2 percent in December, non-seasonally adjusted, from 8.6 percent a month earlier, as the size of the labor force shrank five-tenths of a percent to 687,600 from 698,300, according to a U.S. Bureau of Labor Statistics report released Wednesday. more
Service industries expanded more than forecast in January as the biggest part of the U.S. economy overcame the effects of snow and freezing temperatures to boost hiring by the most in more than three years. more
The Rhode Island Public Expenditure Council and the R.I. Commerce Corporation announced the relaunch of the database Tuesday for tracking business-related legislation introduced in the General Assembly. (Updated, 1:16 p.m.) more
The U.S. will post the narrowest budget deficit this year as a share of the economy since 2007 as stronger growth helps boost tax revenue, according to the Congressional Budget Office. more
Single-family home prices in the Providence-Warwick metro area rose 4.9 percent in December compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
The Link is ready for the market. The Interstate-195 Redevelopment District Commission on Monday signed off on a prospectus for potential developers of Providence’s former highway land, now branded The Link, clearing the way for the properties to be marketed. more
Walgreen Co., armed with a new patent, sued Rite Aid Corp., CVS Caremark Corp. and Shopko Stores Inc., claiming they’re misappropriating its technology for refilling prescriptions with mobile-phone scanners. more
U.S. stocks fell, ending the Standard & Poor’s 500 Index’s longest stretch without a 5 percent slide since 2006, as a gauge of manufacturing in the world’s largest economy declined more than estimated. more
The average per capita debt for Rhode Island’s cities and towns is $1,673, with the highest per capita debt in Providence at $7,366 per person, according to an analysis of local debt data conducted by WPRI-TV CBS 12’s Target 12 team. more
The homeownership rate in the U.S. declined in the fourth quarter as higher borrowing costs and tight credit blocked many first-time buyers. more
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