Economic Indicators
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Millionaires enticed to become landlords
JPMorgan Chase & Co. is giving its wealthiest clients the chance to invest in the single-family rental market after other investments linked to the U.S. housing recovery jumped in value. more
Bloomberg News | 2/11/13
Finally some stability in R.I. industrial market
In December 2007, Trammel Crow Co. bought a 548,000-square-foot warehouse and office within throwing distance of Interstate 95 in West Warwick for $21.5 million. more

By Patrick Anderson
PBN Staff Writer | 2/11/13

Lardaro: R.I. economy ends year on upswing
December 2012 brought reason to celebrate Rhode Island’s economic performance, as last year’s fourth quarter showed broad-based positive economic activity, according to University of Rhode Island economist Leonard Lardaro. more
Malls investing to lure target demographics
Change is afoot at Providence-area shopping malls. Even as the Internet reshapes the retail industry around them, several of the region’s most prominent shopping hubs are experiencing the most significant new investment and store realignments in years. more

By Patrick Anderson
PBN Staff Writer | 2/25/13

Machinery order gains show U.S. companies to grow
Orders for U.S. durable goods excluding transportation equipment climbed in January by the most in a year, showing companies are planning to expand capacity. more
Bloomberg News | 3/4/13
Cranes are harbingers of port growth
As the nation’s largest ports jockey for the new supersized cargo ships being built for a widening Panama Canal, maneuvering on a much smaller scale is happening in southern New England ports hoping to catch the spillover. more

By Patrick Anderson
PBN Staff Writer | 3/4/13

Banks buoyed by commercial lending
Local banks of all sizes are edging up on the optimism scale, buoyed at least in part by profits tied to substantial increases in commercial lending in 2012. more

By Rhonda Miller
PBN Staff Writer | 3/4/13

Lardaro: 2013 starts with ‘very strong, favorable trends’
The pace of Rhode Island’s economic recovery accelerated during the third and fourth quarters of 2012, according to University of Rhode Island economist Leonard Lardaro’s analysis of recently released revised labor market data. Even better news, he said, is that the trend continued into the New Year. more
Home prices rise in 88% of U.S. cities as market gains
Prices for single-family homes climbed in almost 88 percent of U.S. cities in the fourth quarter as the housing recovery broadened. more
Home prices climb by most in 6 years as U.S. market firms
Home prices in 20 U.S. cities rose in November from a year earlier by the most in more than six years, indicating the U.S. housing rebound is gaining ground. more
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