Economic Activity
923 results total, viewing 711 - 720
New England private-industry employer costs for employee compensation averaged $34.48 per hour in September, the highest in the country, according to a U.S. Bureau of Labor Statistics report issued Friday. The national average of compensation costs in September was $29.23 per hour. more
Retail sales in the U.S. rose more than forecast in November as Americans bought cars and took advantage of discounts going into the holiday-shopping season. more
Rhode Island exports rose $2.7 million, or 1.5 percent, in October, according to an e-forecasting.com report. more
The Mass. Gaming Commission ruled Tuesday that the town of Revere must hold another public referendum on whether to allow Suffolk Downs and the Mohegan Tribal Gaming Authority to build a casino there before the commission will approve the proposal, Boston.com reported Tuesday. more
Job openings in the U.S. climbed to a five-year high in October, indicating employers were confident about demand even as Washington’s budget impasse shuttered parts of the federal government. more
FGX International announced Monday it has acquired Suntech Optics Inc., a privately held company based in Vancouver, British Columbia. The acquisition also included the purchase of Suntech Optics subsidiaries Naked Eye Enterprises and Bugaboos Eyewear Corp. more
Gasoline prices continued to rise in Rhode Island and Massachusetts this week, marking the third consecutive week of higher prices in both states, according to the weekly survey by AAA Southern New England. more
The Massachusetts Gaming Commission will vote this week to decide whether to allow Suffolk Downs and the Mohegan Tribal Gaming Authority to push forward their bid for a casino in Revere, Boston.com reported Sunday. more
The Rhode Island foreclosure rate declined 0.6 percentage points in October compared with the same period last year, CoreLogic reported Monday. more
The Rhode Island Current Economic Indicator Index, released by the Rhode Island Public Expenditure Council and Bryant University’s Center for Global and Regional Economic Studies on Friday, reported that Rhode Island’s economic growth gained momentum in the third quarter and will carry that momentum through the year’s end. more
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