Updated February 26 at 7:26pm
Economic Activity
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(Updated, July 10, 8:51 a.m.) The $2.4 million renovation of Kennedy Plaza will begin Tuesday, July 15, with an official groundbreaking ceremony, city spokeswoman Ann Gooding confirmed Wednesday. more
Consumer confidence in the U.S. unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year. more
Rhode Island ranks as the least friendly state in the U.S. for small business, according to a new survey by Thumbtack.com of 12,000 entrepreneurs. more
Personal incomes in Rhode Island rose 2.6 percent in 2013, while the state’s per capita income ranked as the 14th highest in the nation, according to a report released Tuesday by the U.S. Bureau of Economic Analysis. Personal income in the Ocean State totaled $49.4 billion last year, a gain of $1.3 billion compared with the 2012 total of $48.2 billion. more
Gov. Gina M. Raimondo, who was sworn in today as Rhode Island’s first female governor, announced the names and titles of individuals who will work in her office. more
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing above its record close, as purchases of new homes unexpectedly climbed to the highest level in more than five years and retailers rallied. more
Officials are warning Rhode Islanders to brace for a blizzard, expected to hit Monday night and last through Wednesday morning. more
Gasoline prices climbed back up again in Rhode Island this week while the Massachusetts average remained unchanged from a week ago, reflecting volatility in national gas prices, according to the weekly survey by AAA Southern New England. more
The Interstate 195 Redevelopment Commission Monday heard presentations from two developers with plans for the east side of the former highway land. more
Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances. more
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