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Providence
Tuesday, September 25, 2018

Economic Activity

UNITED STATES nonfarm payrolls rose 201,000 in August. / BLOOMBERG NEWS FILE PHOTO/ LUKE SHARRETT

U.S. payrolls rise 201K while wage gains accelerate to 2.9%

NEW YORK - United States job gains rebounded by more than forecast in August and wages unexpectedly registered their biggest advance of the expansion,...
PROPERTY PLANS: Christine M. West, principal at KITE Architects in Providence, looks at some residential plans for a property in Exeter with Albert Garcia, principal.
 / PBN PHOTO/MICHAEL SALERNO

Business is good, but many companies take a “wait-and-see” attitude

Business continues to be good for most Rhode Island companies, and a majority expect that to continue, though their optimism is tempered by uncertainty...
GOOD BUT NOT GOOD ENOUGH: PBN's biannual Business Survey showed that while the Rhode Island economy continues to improve, business owners are taking a "wait-and-see" attitude before making major new investments.

R.I. economy doing well, say leaders, but it could do better

In the summer of 2008, before the crash, before the Great Recession, before, well, before a whole lot of the changes that now define...

Reed: Pawtucket and Providence receive $2M to address lead paint

PROVIDENCE – Pawtucket and Providence will receive nearly $2 million in federal grants to identify and address lead-based paint hazards, Sen. Jack Reed, D-R.I.,...

CoreLogic: Providence metro HPI increases 6.6% in July

PROVIDENCE – The home price index of a single-family home in the Providence-Warwick-Fall River metropolitan area increased 6.6 percent year over year in July,...
THE PROVIDENCE City Council decided Thursday to send the Hope Point Tower back to a committee for another hearing./COURTESY THE FANE ORGANIZATION

Hope Point Tower sent back to Providence committee for another hearing

PROVIDENCE — The Hope Point Tower project will head back to a City Council committee, one that has already voted to recommend a denial...

Federally backed lending to small businesses up in Rhode Island

PROVIDENCE – Rhode Island has seen double-digit increases this year in small business loans backed by the U.S. Small Business Administration, the agency reported...
THE PROVIDENCE City Council decided Thursday to send the Hope Point Tower back to a committee for another hearing./COURTESY THE FANE ORGANIZATION

Divisive Hope Point Tower returns to Providence City Council, correspondence flows...

PROVIDENCE – The Providence City Council is expected to decide Thursday night whether to authorize a 600-foot apartment tower in the I-195 Redevelopment District.The...
NEW DATA out Wednesday showed the U.S. goods deficit with China in the seven months through July this year widened about 8 percent to $234 billion from the same period in 2017. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

American shoppers to be hit harder than Chinese by tariff war

NEW YORK - The trade fight between the world’s two economic titans is about to make dozens of household goods more expensive for United...
UNITED STATES jobless claims decreased by 10,000 to 203,000 last week. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. jobless claims declined to fresh post-1969 low last week

NEW YORK - United States filings for unemployment benefits fell last week to the lowest in almost five decades, indicating a tight job market, Labor...
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