Economic Activity
1013 results total, viewing 591 - 600
The Naval Undersea Warfare Center spent $602 million of its total $874 million operating budget for 2013 on payroll, contracts with local companies, and construction and support for the command and research facility in Newport. more
Webster Financial Corp., parent company of Webster Bank, posted a profit increase in 2013 over the previous year, with growth in commercial lending highlighting the increase, according to the bank’s fourth-quarter and year-end earnings report released Friday. more
Rhode Island exports rose $5.3 million, or 2.9 percent, in November, according to an e-forecasting.com report. more
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, showed more growth in the state’s private-sector employment during the third quarter of 2013 than originally estimated. more
An improving U.S. economy is underpinning inflation, limiting firings and lifting consumers’ moods, brightening the outlook for growth at the start of 2014. more
The R.I. State Council on the Arts awarded $128,212 in grants to Rhode Island schools, community centers and artists in its December 2013 round, the agency announced Wednesday. more
New England business owners conveyed strong optimism about prospects in 2014, with sales or revenue increases reported throughout the retail, manufacturing and consulting sectors, according to the Federal Reserve Board’s Beige Book released Wednesday. more
The Rhode Island district office of the U.S. Small Business Administration and the city of Providence renewed a partnership that encourages economic development by assisting businesses on issues such as strategic planning, accessing capital and securing government contracts. more
Rhode Island ranked No. 39 and Massachusetts ranked No. 47 in a new study by the Mercatus Center at George Mason University evaluating each state’s fiscal condition based on four separate measures of a state’s solvency. more
U.S. state revenue isn’t rising fast enough to keep up with the cost of funding pensions, health care and public works projects, underscoring financial strains that persist during the economic recovery, according to a report. more
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