Updated March 31 at 10:09pm
Economic Activity
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While New England’s unemployment rate as a whole remained relatively stable in 2013, Rhode Island’s rate was the highest in the region and among the highest nationally, according to U.S. Bureau of Labor Statistics data released on Friday. more
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
Employment increased in 306 out of the 339 largest counties in September, and Providence was no exception with 1.8 percent growth, according to the federal Bureau of Labor Statistics. more
Rhode Island’s commercial real estate market saw improvement across all sectors in 2013, but high vacancy rates, shorter lease terms and a dearth of high-bay warehouse properties continue to challenge the market’s recovery. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
Housing starts slumped in February by the most in four years as bad winter weather in parts of the U.S. prevented builders from initiating new projects. more
The Rhode Island commercial real estate market has strengthened in the past year and is expected to continue that trend into 2015, with vacancy rates in office space declining in both the downtown Providence and suburban markets. more
Wholesale prices in the U.S. fell more than forecast in January, led by plunging energy costs and signaling inflation remains tame even as the economy is expanding. more
(Updated 9:58 a.m.) A complaint was filed in Superior Court Wednesday against two Allens Avenue companies for alleged environmental violations from their scrap metal recycling operation by state Department of Environmental Management Director Janet Coit and Attorney General Peter F. Kilmartin. more
As Gov. Gina M. Raimondo prepares to unveil her first state budget March 12 she's using some time-tested leadership tactics to up the stakes, sway public opinion and — arguably more important — … more
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