Economic Activity

Containers are moved at the Port of Portland in Portland, Ore. U.S. exports set a record in May, as a weak dollar and strong overseas economies created demand for U.S. goods. /

Economists raise 2Q growth estimate

Economic Activity 07/12/2007

Following record exports of $132 billion in May, economists raised their forecasts for economic growth in the second quarter. Stronger foreign economies and a weakening...

A sign advertising an open house for a home under foreclosure and slated for auction is posted in a yard in Decatur, Georgia. /

Foreclosures nearly double <br>year-ago rate

Economic Activity 07/12/2007

The number of U.S. properties in the foreclosure process climbed 87 percent in June, according to RealtyTrac, a seller of foreclosure data. Led by...

Initial jobless claims fall

Economic Activity 07/12/2007

WASHINGTON -- Employers appear to be holding on to workers at a higher rate than expected, as first-time claims for jobless benefits fell more...

Realtors foresee rise in home sales, prices

Economic Activity 07/11/2007

WASHINGTON – Sales of existing homes are likely to pick up late this year and new-home sales early next year, when home prices are...

Survey: CEOs’ confidence wanes in 2Q

Economic Activity 07/11/2007

Confidence among CEOs nationwide declined in the quarter just ended, according to a report today by The Conference Board, based on a survey of...

Home loan applications rise for second week

Economic Activity 07/11/2007

WASHINGTON – U.S. mortgage applications rose a seasonally adjusted 1.1 percent last week, according to a report today from the Mortgage Bankers Association. Applications...

THE DEPOT, as townspeople call the former Pawtucket/Central Falls Station, straddles the railway line and the city line. The curve in the tracks makes it less desirable as a new commuter rail station, a study found. /

Pawtucket in pact with Depot developers

Economic Activity 07/10/2007

PAWTUCKET – Mayor James E. Doyle today announced an agreement between the Pawtucket Redevelopment Agency and SMPO/Warwick RICS LLC, the current owners of the...