Economic Activity

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BLS: 1Q productivity rises 1.7%,<br> beats analyst expectations

WASHINGTON – Business and manufacturing productivity both increased in the first quarter while labor costs declined, according to a preliminary report released today by...

Quincy firm to develop Fairhaven Mills

NEW BEDFORD - After an extended bidding process, the city yesterday announced it has selected Dickinson Development of Quincy, Mass., to develop the Fairhaven...

Paulson: Yuan not to blame for China trade gap

WASHINGTON – Chinese markets, not the strong yuan, are at the heart of the U.S. trade gap with China, U.S. Treasury Secretary...
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ISM: Service sector accelerates in April

Growth at U.S. non-manufacturing businesses accelerated in April at the fastest rate since January, the Institute for Supply Management reported today. The ISM’s business...
UNADJUSTED metro-area unemployment rates across the Northeast in March 2007. /

Providence, New Bedford jobless rates<br> dip in March

WASHINGTON – Unemployment rates were lower in March than a year earlier in 252 of 369 major metropolitan areas nationwide, higher in 82 and...
THE CHALLENGER Job-Cut Report is based on corporate layoff announcements, not all of which result in immediate job losses. /

Layoff announcements rise 44.2% in April

Corporate layoff announcements nationwide totaled 70,672 in April, an increase of 44.2 percent compared with the 48,997 job cuts announced in March and 18.4...

Bidding war for Dow Jones predicted

NEW YORK – Shareholders in Dow Jones & Co. have said they expect a bidding war to erupt in the wake of Rupert...

Newport Landings gets $20M, 2-year loan

MIDDLETOWN – Inland Mortgage Capital Corp., based in Oak Brook, Ill., announced it has provided Newport Landings LLC with a $20 million loan to...

Capital Properties 1Q profit rises 18.4%

EAST PROVIDENCE – For the quarter ended March 31, Capital Properties Inc. (Amex: CPI) reported an 18.4-percent increase in net income, compared with the...

Slater Fund invests $500,000 in Tizra

PROVIDENCE – Tizra Inc. today announced it has closed on a $500,000 investment from the quasi-public Slater Technology Fund. The money will enable the East...

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