Economic Activity
883 results total, viewing 1 - 10
The city has started the second year of work in its $40 million road re-surfacing project. Funded with a voter-approved bond in 2012, the road project completed 32 miles of repaving last year and began this year’s work Wednesday on Moses Brown Street in the Wayland Square neighborhood. more
The National Endowment for the Arts has awarded $787,100 in federal matching grants to support new and established art projects, workshops, community arts programs and arts education in Rhode Island. more
Gains in manufacturing are helping power the U.S. out of the winter doldrums, while homebuilding shows signs of lagging behind. more
LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly benefits private-equity firm HM Capital Partners LLC over other shareholders, a pension fund claimed in a lawsuit. more
The R.I. Department of Revenue collected $27.6 million less than expected in March, meaning the monthly total general revenue of $305 million fell 8.3 percent short of the $333 million originally projected, the department reported Tuesday. more
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report. more
Individual default rates in the U.S. have dropped to their lowest level since before the financial crisis as consumer confidence rises and first-time jobless claims fall. more
Rhode Island’s economic outlook ranked No. 41 among the 50 U.S. states according to the 2014 ALEC-Laffer State Economic Competitiveness Index released Tuesday by the American Legislative Exchange Council. Rhode Island’s ranking at No. 41 in the 2014 report was an improvement over last year, when the Ocean State landed at No. 45. more
The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in March, matching the increase in the national index during the same time period, according to a report from the U.S. Bureau of Labor Statistics. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Rep. James R. Langevin on Monday announced a new $800,000 federal grant for infrastructure upgrades at the Port of Davisville designed to increase Rhode Island’s port capacity and improve cargo shipment flexibility for companies headquartered in Quonset Business Park. more
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