Economic Activity

CORE PRICES, excluding food and energy, rose 0.2 percent in July. Above, shopper Raymond Liu examines a digital camera Monday at a Best Buy store in Westminster, Colo. /

Consumer prices rise at slowest pace in 8 months

Economic Activity 08/15/2007

WASHINGTON – The seasonally adjusted Consumer Price Index for All Urban Consumers (CPI-U) last month rose 0.1 percent, its smallest gain in eight months...

CCI: R.I. ends 2Q on positive note

Economic Activity 08/15/2007

KINGSTON – The state ended the second quarter “on a somewhat positive note, as we sustained a pace of activity well above that during...

THE INCREASE in 2Q profit came despite a decline in container traffic volume, the freight railroad said. /

P&W Railroad posts 34% rise in 2Q profit

Economic Activity 08/15/2007

WORCESTER – For the quarter ended June 30, the Providence and Worcester Railroad Co. (AMEX: PWX) yesterday posted a profit of $347,000 or 7...

U.S. SEN. JACK REED announced the granting of nearly $3 million to Pawtucket to help develop affordable housing. /

Pawtucket to receive $3M for neighborhood work

Economic Activity 08/14/2007

PAWTUCKET – U.S. Sen. Jack Reed today announced that Pawtucket will receive $2,993,128 in federal funding from the U.S. Department of Housing and Urban...

SINGLE-FAMILY HOME sales fell in the second quarter, even as condominium sales increased in Rhode Island, according to The Warren Group. /

R.I. home sales fall as condo sales rise

Economic Activity 08/14/2007

BOSTON – For the first half of 2007, sales of single-family Rhode Island homes are down 6.7 percent compared with the same period in...

DESPITE THE 2Q increase, single-family home building permits declined for the first half of the year, according to the Rhode Island Builders Association. /

RIBA: 2Q building permits rise 6.5%

Economic Activity 08/14/2007

PROVIDENCE – Single-family home building permits in Rhode Island cities and towns increased 6.5 percent in the second quarter, as 409 permits were issued,...

NATIONWIDE, the average price for self-serve regular declined to $2.769, 5 cents per gallon below the Rhode Island average of $2.869 per gallon, the nonprofit auto club found. /

AAA: R.I. gas prices fall 5¢ to $2.819

Economic Activity 08/14/2007

PROVIDENCE – Retail gasoline prices in Rhode Island have declined for the fourth straight week, to 16 cents below its average price a month...

DESPITE HIGH OIL COSTS, the U.S. trade deficit shrank in June, the BEA said in a report today. Above, an oil tanker sits at a dock next to petroleum holding tanks in New Haven, Conn., last month.
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Record exports help shrink U.S. trade gap

Economic Activity 08/14/2007

WASHINGTON – The nation’s trade deficit narrowed in June by $1.1 billion or 1.7 percent as imports of goods and services exceeded exports by...

Producer prices rise 0.6% in July

Economic Activity 08/14/2007

WASHINGTON – The Producer Price Index for Finished Goods, a measure of wholesale prices, rose a seasonally adjusted 0.6 percent in July, boosted by...