Economic Activity
1008 results total, viewing 681 - 690
The U.S. Department of Housing and Urban Development has cleared the Providence Economic Development Partnership to restart lending to local small businesses under its revolving loan program. more
The jobless rate dropped to a five-year low of 7 percent in November as American employers added more workers than forecast, showing further progress in the labor market that will provide a spark for the world’s largest economy. more
The owners of the Rhode Island Mall have sold the Wal-Mart and Kohl’s properties to an undisclosed buyer for $33.35 million. more
Reed Phillips III, a media analyst at DeSilva & Phillips in New York, has estimated the worth of The Providence Journal at between $35 million and $50 million. more
U.S. mortgage rates jumped to the highest since September as investors speculated that the Federal Reserve will slow bond purchases aimed at keeping borrowing costs down. more
Overcoming economic uncertainty following October’s partial shutdown of the federal government, New England business owners reported greater optimism in the past six weeks and expect to see continued growth through the first quarter of 2014, according to the Federal Reserve Board’s Beige Book released Wednesday. more
The unemployment rate in Rhode Island and the Providence-Fall River-Warwick metropolitan area dropped in September and October compared with the same periods last year, according to U.S. Bureau of Labor Statistics nonseasonally adjusted data released Thursday. more
The U.S. economy expanded in the third quarter at a faster pace than initially reported, led by the biggest increase in inventories since early 1998. Consumer spending slowed. more
A new study released Wednesday by the University of Massachusetts Donahue Institute projects 4.4 percent growth in the state’s population between 2010 and 2030. more
United Natural Foods Inc.’s net income rose to $27.8 million, or 56 cents per diluted share, during the first quarter of its fiscal 2014 year, a 28.9 percent increase over the $21.5 million, or 43 cents per diluted share, reported for the same period last year. more
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