Economic Activity
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Payrolls in U.S. rose 146,000 in Nov.; Jobless rate at 7.7%
Payrolls rose more than anticipated in November and the jobless rate fell to an almost four-year low, indicating superstorm Sandy had little effect on the U.S. labor market. more
FAA to re-evaluate T.F. Green’s airport improvement program
The Federal Aviation Administration plans to re-evaluate the environmental impact statement and record of decision for T.F. Green Airport’s airport improvement program, the federal agency announced Thursday. more
| 12/6/12 | 1 comment
U.S. budget deal would boost economy in 2013, Zandi says
The U.S. economy will fall into “severe recession by the spring” unless Congress lessens the tax increases and spending cuts set to begin in January, said Mark Zandi, chief economist at Moody’s Analytics. more
Leading economic indicators edge upward in October
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 120.6 in October. more
| 12/6/12
RIPEC: R.I.’s economic outlook is ‘mixed’
The outlook for the Rhode Island economy is mixed, according to the Rhode Island Public Expenditure Council’s Rhode Island Data Book, released Wednesday. more
| 12/5/12
Gilbane expects construction to increase in 2013 after early downturn
In its annual winter 2012 construction-industry economic report, Gilbane Building Co. predicted an increase in construction spending over last year, but cautioned about an expected downturn in early 2013. more
| 12/5/12
Hasbro named 1st on Climate Counts scorecard
Toy and game maker Hasbro Inc. landed the top spot on the 2012-2013 Climate Counts Climate Scores rankings in the toys and children’s products sector, Hasbro announced Wednesday. more
| 12/5/12
Report: Slow economic growth predicted for R.I. through 2016
Even though Rhode Island’s economy has shown mixed signs of improvement in 2012, the state’s economic outlook has not changed significantly in recent months, according to a report from the New England Economic Partnership. more
Services in U.S. expand at a faster pace than forecast
Service industries in the U.S. expanded at a faster pace than forecast in November, indicating the economy is holding up in the face of the so-called fiscal cliff. more
Seaconnet Point Farm properties sell for $7.8M
Two properties in Seaconnet Point Farm in Little Compton have sold for $7.8 million, Residential Properties Ltd., the listing brokerage, said Tuesday. more
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