Economic Activity

Mass. seeks to expand film tax credits

BOSTON – A package of tax incentives intended to make the Bay State a more attractive destination for movie and television projects was unveiled...

U.S. consumer sentiment brightens in May

Confidence among U.S. consumers rose in May from April’s eight-month low, defying analysts’ predictions, according to the Reuters/University of Michigan Surveys of Consumers report...
THE NUMBER OF JOBS at non-farm businesses in the state swells to a record 498,400. /

R.I. employment hits record 498,400 jobs

CRANSTON – Employment at Rhode Island businesses last month swelled to a record 498,400 non-farm jobs, 1,800 more than in March and 4,500 more...

New unemployment claims hit 4-month low

WASHINGTON – In the week ended May 12, seasonally adjusted first-time jobless claims nationwide dropped to a four-month low of 293,000, a decline of...
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Grow Smart R.I. honored by EBC

PROVIDENCE – Grow Smart Rhode Island has been selected to receive a 2007 Environmental Merit Award from the Environmental Business Council of New England.“This...
JONATHAN STEVENS, left, of Preserve Rhode Island, Gov. Donald L. Carcieri and National Geographic's Jonathan Tourtellot sign the Geotourism Charter yesterday as Carcieri aide Sue Stenhouse looks on. /

R.I. is 2nd state to sign Geotourism Charter

PROVIDENCE – Gov. Donald L. Carcieri yesterday signed the National Geographic Society’s Geotourism Charter, making Rhode Island the second state after Arizona to endorse...
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U.S. leading indicators fall 0.5% in April

The index of U.S. Leading Economic Indicators fell 0.5 percent in April to 137.2 points (1996 = 100) after rising 0.6 percent in March...
THIS WELCOME BUILDING greets cruise ship passengers arriving in Nassau. Its broad porch, metal roof and bright colors are typical of Bahamian architecture. /

With the door open, opportunity knocks

Fourth and final in a series on a four-day trade mission to the Bahamas.NASSAU, the Bahamas – “It’s been an interesting trip,” said John...

P&W Railroad posts 1Q loss of $1.16M

WORCESTER – For the quarter ended March 31, the Providence and Worcester Railroad Co. (AMEX: PWX) this week said its loss widened to $1.16...

U.S. industrial output rises 0.7% in April

WASHINGTON – The nation’s industrial output increased 0.7 percent in April, pushing the Federal Reserve’s Industrial Production Index to 113.0 points (2002 = 100)...
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