Economic Development
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Retail sales in U.S. increased more than forecast in July
Retail sales in the U.S. rose more than forecast in July as consumer spending rebounded at department stores, auto dealers and electronics outlets, easing some concern the biggest part of the economy was foundering. more
U.S. leading economic indicators rise in July
Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July. more
| 8/2/12
Jobless claims in U.S. climbed less than forecast last week
The number of Americans filing applications for unemployment benefits rose less than forecast last week as annual auto shutdowns continued to influence the number. more
U.S. manufacturing probably stagnated as spending cooled
Manufacturing in the U.S. probably stagnated in July after contracting for the first time in three years, economists said before a report today. more
Revised data shows more jobs than estimated in R.I. 1Q
(Updated, 11:15 a.m.) Revised data from the R.I. Department of Labor and Training showed 7,000 more jobs than originally estimated during the Ocean State’s first quarter. more
| 8/1/12
Compensation costs rise 0.4 percent in New England
Compensation costs for civilian workers in New England rose 0.4 percent, seasonally adjusted for the 3 months ended June 30, the U.S. Bureau of Labor Statistic reported Tuesday. more
| 7/31/12
Transportation plan needed for I-195 land
The former Interstate-195 lands need a transportation plan as only seven of the 23 parcels slated for redevelopment there can accommodate a building with sufficient on-site parking, a consultant told the I-195 District Commission Monday. more
R.I. Foundation holding ‘Make It Happen RI’
The Rhode Island Foundation and President and CEO Neil D. Steinberg will host “Make It Happen RI” on Friday and Saturday, Sept. 7 and 8. The event is designed to identify specific plans, along with the path to implement them, that in the end will help to create economic activity in the state that supplements what the private sector is doing currently. more
| 7/30/12
QDC searches for terminal operator to expand port business
The Quonset Development Corporation issued a public Request for Proposals this week as they search for a qualified company to provide terminal services at the Port of Davisville. more
Americans hold dimmest view on economic outlook since January
The most Americans in six months said the economy in July was getting worse, indicating the slowdown in hiring is dimming moods as the third quarter begins. more
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