Economic Activity
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Reversal in mortgage-lending hiring
(Editor’s note: This is the fourth in an occasional series of stories that will feature the companies and industries creating jobs in the region.) more
By Michael Souza
Contributing Writer | 11/19/12
Retail sales in U.S. drop for first time in four months
Retail sales fell in October as American consumers pulled back after a three-month shopping spree and Superstorm Sandy slammed into the East Coast, shutting malls and auto showrooms. more
Bloomberg News | 11/19/12
Industrial production in U.S. decreases 0.4% on Sandy effect
Industrial production in the U.S. unexpectedly declined in October as superstorm Sandy knocked out power in the Northeast. more
AS220 Youth wins national arts award
AS220 Youth – the arts collaborative’s free arts education program for at-risk teens – has won a 2012 National Arts and Humanities Youth Program Award from the President’s Committee on the Arts and the Humanities, AS220 announced Friday. more
| 11/16/12 | 1 comment
U.S. stock futures advance as Obama prepares for budget talks
U.S. stock futures advanced, with the Standard & Poor’s 500 Index poised for a second weekly decline, as President Barack Obama prepared to meet Republican lawmakers for talks to prevent tax increases and spending cuts from automatically coming into force next year. more
R.I. jobless rate falls to 10.4% in Oct., worker total jumps
Rhode Island’s unemployment rate fell to 10.4 percent for October, a drop of one-tenth of a percentage point from September, as the state gained the largest number of employed in one month since 1976. more
Regional consumer prices rise 1.9% in October
The Consumer Price Index in the Northeast rose 1.9 percent over the last 12 months to 246.13 in October, the U.S. Bureau of Labor Statistics reported Thursday. more
| 11/15/12
Foreclosure starts rise 2% in Providence metro area
Foreclosure starts in the Providence-Fall River-New Bedford area rose 2 percent in October compared with the same period last year on quickening activity in Massachusetts, RealtyTrac said Thursday. more
Rhode Island Mall sold for $38M
Rhode Island Mall, which has been vacant since April 2011, has new owners: Winstanley Enterprises LLC of Concord, Mass. and New York-based Surrey Equities LLC. more
| 11/15/12
Thanksgiving travel projections rise for 4th consecutive year
AAA Southern New England has projected a 0.7 percent rise in Thanksgiving holiday travel, the fourth consecutive year of increases since holiday travel fell 25 percent in 2008. more
| 11/14/12
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