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Bristol Co., Mass., foreclosure starts drop significantly in March
Bristol County, Mass., foreclosure starts plunged 78 percent in March compared with the same period last year, The Warren Group said Monday. more
| 5/13/13
Factories in New York area expand at slower pace than forecast
Manufacturing in the New York region expanded less than projected in April as orders cooled and sales stagnated. more
Jobless rate falls in Providence metro area in April
Unemployment rates fell year over year in April in 276 of the United States’ 372 metropolitan areas, including the Providence-Fall River-Warwick metro; rose in 78 of the nation’s metropolitan areas, including the New Bedford metro; and was unchanged in 18 areas, according to the latest non-seasonally adjusted data. more
| 5/29/13
Nonprofits have until May 21 to apply for SBA disaster loans
Rhode Island local private nonprofits in need of a U.S. Small Business Administration loan to cover physical damages from Feb. 8 - 9 snowstorms must apply before the May 21 deadline, according to the SBA. more
Lardaro: 1Q ends on ‘positive’ note
The first quarter of 2013 ended on a “positive” note following a weakening start to the year, according to University of Rhode Island economist Leonard Lardaro’s Current Conditions Index, released Monday. more
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
U.S. stock futures little changed as investors weigh stimulus
U.S. stock futures were little changed, after the Standard & Poor’s 500 Index slipped from its all-time high yesterday, as investors weighed the possibility that the Federal Reserve will scale back its stimulus program. more
Fed: Regional economic outlook is ‘fairly positive’
The economic outlook in New England is “fairly positive,” according to the Beige Book report released by the Federal Reserve Wednesday afternoon. more
| 6/6/13
Canada-based Bitumar takes over operations at Hudson Cos.
Liquid asphalt importer and provider Hudson Cos. announced Saturday that the Canada-based Bitumar Inc. has taken over most of the operations at its Providence plant, as part of the broader process of selling Hudson’s assets. more
Rally matches 1990s Web-fed gains with valuations 28% lower
Returns from the U.S. equity bull market that started four years ago are matching those from the last half of the 1990s even as valuations are 28 percent lower. The Standard & Poor’s 500 Index has gained 26.2 percent annually, including dividends, since March 2009, the same as during the last 50 months of the technology bubble. more
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