Economic Activity
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Chafee, DOT announce transfer of I-195 land
Gov. Lincoln D. Chafee and the R.I. Department of Transportation have announced the completion of the land transfer process between the state and the Interstate 195 Redevelopment District Commission. more
| 4/24/13
WJAR parent narrows loss in 1Q
During the first quarter of 2013, Media General Inc. – parent company of WJAR-TV NBC 10 – saw losses narrow 48.6 percent to $17.7 million, or 65 cents per diluted share, from $34.4 million, or $1.53 per diluted share during the same three month period in 2012. more
| 4/24/13
Orders for U.S. durable goods decline by most since August
Orders for U.S. durable goods fell in March by the most in seven months as demand slumped for commercial aircraft and business investment cooled. more
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Home sales, prices rise in Bristol County, Mass.
Single-family home sales in Bristol County, Mass. rose 5.1 percent in March compared with the same period in 2012, The Warren Group said Tuesday. more
| 4/23/13
Local news outlets win 2013 Murrow Awards
Three local news outlets – WJAR-TV, NBC 10; WLNE-TV, ABC 6; and Rhode Island Public Radio – were honored by the Radio Television Digital News Association in the 2013 Regional Murrow Awards. more
| 4/22/13
Business formations fall 4% in 1Q
After two consecutive years of year-over-year first-quarter increases in business formations, the number of new businesses created during the first three months of 2013 fell nearly 4 percent compared with the first quarter of 2012, Secretary of State A. Ralph Mollis announced Monday. more
| 4/22/13
Hasbro loss widens in 1Q on savings initiative costs
Toy and game maker Hasbro Inc. saw its net loss widen 159 percent from $2.6 million, or 2 cents per diluted share, in the first quarter of 2012 to $6.7 million, or 40 cents per diluted share, in the first quarter of 2013, the company announced Monday. more
| 4/22/13
U.S. stocks decline as home sales drop amid corporate earnings
U.S. stocks fell, after the biggest weekly drop in five months for the Standard & Poor’s 500 Index, as sales of previously owned U.S. homes unexpectedly declined in March and investors weighed corporate earnings. more
Sales of U.S. existing homes probably climbed for 3rd month
Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market, economists said before a report today. more
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