Economic Activity
932 results total, viewing 691 - 700
Purchases of new U.S. homes exceeded projections in November, holding near a five-year high and showing the housing recovery was gaining momentum even as mortgage rates climbed. more
The R.I. Division of Taxation on Monday identified the first three projects to sign contracts under the state’s revived historic preservation tax credit program. more
Siemens AG, Europe’s biggest engineering company, agreed to supply turbines to the $2.6 billion Cape Wind project, the first offshore wind farm planned in the U.S. more
Gasoline prices rose a penny in both Rhode Island and Massachusetts this week, marking the fifth consecutive week of price increases, according to the weekly survey by AAA Southern New England. more
The construction and operation of wind turbines in Rhode Island does not depress nearby property values, according to a study by University of Rhode Island economist Corey Lang. more
Foreclosures in the Providence-Warwick metro area declined for the month of October compared with the same period last year, and also dropped slightly compared with a month earlier, according to a CoreLogic report released Monday. more
Consumer spending rose in November by the most in five months as Americans took advantage of store discounts during the year-end shopping season, giving the world’s largest economy a lift. more
Rhode Island’s November unemployment rate of 9 percent remained the highest in New England and tied with Nevada for the highest unemployment rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
The U.S. economy expanded in the third quarter at a faster rate than previously estimated as consumers stepped up spending on services such as health care and companies invested more in software. more
Rhode Island’s unemployment rate dipped slightly to 9 percent in November from 9.2 percent in October, and dropped a whole percentage point compared with last November’s figure of 10 percent, according to statistics released Thursday by the R.I. Department of Labor and Training. more
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