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Job, economy growth in R.I. are good signs

Two recent economic reports would seem to indicate that Rhode Island is moving in a positive direction. The state’s monthly jobs report for June said...
UNITED STATES GDP in the first quarter grew at a 2.2 percent annualized rate, adjusted down from a previously estimated 2.3 percent rate. / BLOOMBERG

U.S. Q1 growth revised down to 2.2% on inventories

NEW YORK - The United States economy grew in the first quarter at a slightly slower pace than previously estimated, while tax cuts gave...
REAL GDP in Rhode Island increased by 1.6 percent in 2017. / COURTESY BEA

BEA: R.I. real GDP grew 1.6% in 2017

PROVIDENCE – The Rhode Island real gross domestic product increased by 1.6 percent from 2016 to 2017, according to a U.S. Bureau of Economic...
GDP growth eased to 2.3 percent for the first quarter, drawn down by a slowdown in consumer spending growth. / BLOOMBERG FILE PHOTO/SCOTT MCINTYRE

U.S. growth cools to 2.3% as gains in consumer spending ease

NEW YORK - United States economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business...
UNITE STATES GDP grew at 2.9 percent in the fourth quarter of 2017 while consumer spending rose 4 percent. / BLOOMBERG

U.S. economic growth revised higher on spending, inventories

NEW YORK - The U.S. economy grew in the fourth quarter at a faster pace than last estimated, helped by an upward revision to...
THE UNITED STATES has the highest wages for women in technology at $86,608, according to the 2018 Women in Tech Index, a report released by Honeypot, a web developer job-platform site based in Germany.

Study: U.S. has highest pay for women in technology

PROVIDENCE – Germany-based web developer job-platform site Honeypot has released its 2018 Women in Tech Index, showing the United States offering some of the...

U.S. manufacturing holding its own

Everybody knows that there are fewer manufacturing jobs in the U.S. than there used to be. To be precise, there are 7 million fewer...
ACCORDING TO a U.S. Department of Commerce Bureau of Economic Analysis report released Tuesday, the nationwide arts and cultural industry grew by 4.9 percent in 2015, the most recent data available. / COURTESY BEA

Report: R.I. arts and cultural production accounted for $2B in 2015

PROVIDENCE -The Rhode Island arts and cultural production industries accounted for $1.8 billion of economic activity in 2015, about 3.3 percent of the total...
CONSUMER SPENDING and business investment in equipment blunted the negative effects of a growing trade deficit and a drop in the value of inventory in the fourth quarter. / BLOOMBERG NEWS

U.S. GDP grows below-forecast 2.6% on trade, inventory drags

WASHINGTON – The U.S. economy expanded at a slower-than-projected pace in the fourth quarter on drags from trade and inventories, offsetting strength in consumer spending...
UNITED STATES second-quarter growth was revised upward to the fastest pace in two years according to U.S. Commerce Department estimates. /BLOOMBERG FILE PHOTO/MARCELO PEREZ DEL CARPIO

U.S. second-quarter growth revised to 3% in momentum boost

NEW YORK - United States second-quarter growth was revised upward to the fastest pace in two years on stronger household spending and a bigger...
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