Updated October 9 at 6:09pm
Economic Activity
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(Updated 2:40 p.m.) Initial construction activities for the Block Island Wind Farm have begun, the company launching the five-turbine farm announced Monday. more
Hiring at the smallest U.S. businesses is moderating, a sign of sluggishness in the economy. more
Economic growth continued in the third quarter, but the pace was not as fast, according to the Rhode Island Current Economic Indicator, which showed growth at 2.3 percent in the third quarter, compared with 3 percent in the second quarter, according to the Rhode Island Current Economic Indicator briefing released Monday. more
Led by the Rhode Island Center for Freedom and Prosperity, a coalition of school reform advocates has launched “Bright Today Educational Choice,” a campaign espousing school choice in Rhode Island. more
(Updated 3:32 p.m.) Rhode Island’s jobless rate fell to 5.6 percent in August, a two-tenths of a percentage point drop from July and 1.8 percentage point decline from August 2014, the state Department of Labor and Training reported on Thursday. more
The Providence-Warwick metropolitan area ranked 263rd out of 358 metropolitan areas nationwide for its lack of construction job growth in June, according to the Associated General Contractors of America. more
The Providence-Warwick metropolitan area was one of 351 metro areas out of 387 that experienced a year-over-year drop in its jobless rate in June, according to the federal Bureau of Labor Statistics. more
For the second consecutive month in June, Rhode Island had the largest year-over-year percentage-point decline in its unemployment rate among the 50 states and Washington, D.C. more
Rhode Island’s capital city is among the most overpriced cities in the country, according to Forbes. more
Summer Infant, a maker of products for the newborn to age 3 group, has sued board member and former CEO Carol Bramson as well as two other former company executives and company consultants in federal court alleging theft and misappropriation of trade secrets after it says they were caught “red-handed” by writing about their plans to create a competing company. more
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