Economic Activity
1023 results total, viewing 541 - 550
The U.S. economy probably contracted even more in the first quarter than currently estimated as spending on health-care services unexpectedly dropped, according to analysts at JPMorgan Chase & Co. and Pierpont Securities LLC. more
Rhode Island’s gross domestic product grew 1.4 percent in real terms in 2013, according to data released Wednesday by the U.S. Bureau of Economic Analysis, ranking the Ocean State 33rd in the country for economic growth during the year. more
United Natural Foods Inc., a national distributor of natural, organic and specialty food products, saw its bottom line rise 15.1 percent during its fiscal third quarter to $36.4 million, or 73 cents per diluted share, compared with $31.6 million, or 64 cents per diluted share, for the same period last year. more
Treasuries fell a third day as the U.S. sold $28 billion of three-year securities at the highest yield since May 2011 amid signs the economic expansion is strengthening. more
“Precarious” is how University of Rhode Island economist Leonard Lardaro characterizes Rhode Island’s economy, following the release Tuesday of a Current Conditions Index that has failed to improve for nine successive months. more
President Barack Obama signed into law a $12.3 billion water-projects plan that will pay for deepening ports for bigger ships, cutting costs for exporters. more
(Updated, 5:15 p.m.) Cornish Associates LP has added to its Westminster Street portfolio again. The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development Steve Durkee confirmed Monday. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose slightly in April to 125.1 from 124.9 in March, ending two months of declines in the state’s economic indicator index. more
Gasoline prices dropped 2 cents in Rhode Island and remained unchanged in Massachusetts this week, according to the weekly survey by AAA Southern New England. more
The House Finance Committee late Thursday night passed an $8.7 billion state budget bill unveiled by Democratic leadership that would lower the state’s corporate tax rate and cut estate taxes, while raising the gas tax and motor vehicle fees. more
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