Economic Activity
1023 results total, viewing 631 - 640
The U.S. economy barely grew in the first quarter as harsh winter weather chilled investment and exports dropped. The expansion stalled even as consumer spending on services rose by the most in 14 years. more
The Providence-Fall River-Warwick metro area added no construction jobs between March 2013 and March 2014, ranking the state at No. 198 among the 339 metro areas nationwide in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released April 28. more
The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.4 percent in March, non-seasonally adjusted, compared with 9.6 percent a month earlier, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
A.H. Belo Corp., parent company of The Providence Journal, reported a net loss of $4.04 million, or 19 cents per diluted share, during the first quarter of 2014, reducing nearly by half the loss of $8.02 million posted for the same three-month period last year. more
Rhode Island’s foreclosure rate fell to 1.9 percent in March from 3.1 percent a year earlier, the sixth-largest year-over-year decline among the 50 states, according to a report released Tuesday by real estate data firm CoreLogic. more
The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand. more
The U.S. Navy has awarded a $17.6 billion contract to General Dynamics Corp. and Newport News Shipbuilding for the next block of 10 Virginia-class submarines to be built beginning in fiscal year 2014 and continuing on to fiscal 2018. more
An agreement has been reached between Commonwealth Ventures LLC and the Heritage Harbor Museum Corporation to allow redevelopment of the South Street Power Station into an academic and nursing-school complex to go forward. more
The Black Knight Home Price Index for the Providence metro area was $238,000 in February, largely unchanged from the price index a month earlier, but 5.5 percent higher than in February 2013 according to the Black Knight report released Monday. more
Contracts to purchase previously owned U.S. homes climbed in March by the most in almost three years, showing residential real estate was starting to stabilize entering the spring selling season. more
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