Economic Activity
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Gas prices continue to slide in R.I., Mass.
Gas prices in Rhode Island dropped another 4 cents this week, marking the fourth consecutive week of declines, according to AAA Southern New England. more
| 11/5/12
Home sales rise, prices fall in 3Q
Sales of Rhode Island single-family homes rose 15 percent in the third quarter compared with the same period last year, with 2,235 single-family homes sold during the quarter, the Rhode Island Association of Realtors said Monday. more
| 11/5/12
Oil trades near 4-month low on Greece concern, U.S. elections
Oil traded near the lowest level in almost four months in New York amid concern that Greece will struggle to secure another bailout and uncertainty over who will win tomorrow’s U.S. presidential elections. more
Tax data-based revisions push R.I. job numbers in spring higher
A recent tax data analysis of the state’s labor market showed better job growth estimates for the second quarter of 2012 than originally reported from a monthly estimate. more
Question 6 a needed investment in healthy future for R.I.
In its editorial (“Voter referenda present mixed choices,” Oct. 29), Providence Business News argued that, given Rhode Island’s structural budget deficit, the state cannot afford all the bond issues on the ballot “without compelling evidence of positive long-term economic benefits.” more
Guest Column:
Jan Eckhart and Scott Wolf | 11/5/12
Visitors to Rhode Island want roads less traveled
Rhode Island could be exactly where international visitors want to travel, if only the state could somehow capture its own piece of that market share, something that often is accomplished by joining forces with other New England states. more

By Rebecca Keister
PBN Staff Writer | 11/5/12

Massachusetts program targets urban revitalization
A unique urban-revitalization program in Massachusetts has captured the attention of metropolitan areas across the country. If successful, supporters say it could become a model for generating economic growth and better education in midsize, formerly industrial cities. more

By Michael Souza
PBN Staff Writer | 11/5/12

Leading economic indicators continue to rise in September
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 120.5 in September. more
| 11/2/12
R.I., EDC sue Schilling, Stokes and 12 others on 38 Studios
(Updated, 5:00 p.m.) The state and R.I. Economic Development Corporation sued 38 Studios LLC founder Curt Schilling and 13 other institutions or individuals connected with the failed $75 million loan guarantee to the video company for allegedly misleading state officials about the deal’s risks. more
ISM index of U.S. manufacturing increased to 51.7 in October
Manufacturing in the U.S. expanded in October at a faster pace than projected as orders and production picked up, showing the industry is stabilizing. more
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