Updated July 26 at 11:29pm
Economic Activity
1492 results total, viewing 291 - 300
A revised proposal for RhodeWorks that takes into account additional federal funds for transportation, and which eliminates a reliance on toll-backed revenue bonding, will be introduced Thursday, according to legislative leaders and Gov. Gina M. Raimondo. more
An Attleboro company that specializes in demographic analysis for retail locations will relocate to downtown Providence, bringing with it 28 jobs. The move will qualify for $500,000 in state Qualified Jobs Incentive Tax Credits, as approved Monday by the R.I. Commerce Corp. board. more
As of January, Rhode Island has recovered 80.4 percent of the 39,800 jobs it lost during its recession from December 2006 to August 2009, the state Department of Labor and Training said Tuesday. more
Employers in May added the fewest number of workers in almost six years, reflecting broad cutbacks that may raise concern about U.S. growth and prompt Federal Reserve policy makers to put off an increase in interest rates. more
Rhode Islanders face the ninth-highest state and local tax burden in the country, with 10.8 percent of their income going to taxes, according to a report released Wednesday by the Tax Foundation. more
The unemployment rate in Rhode Island hovered at 5.1 percent, one-tenth of a percentage point higher than the national average of 5 percent in December, having fallen from November’s rate of 5.2 percent, according to figures released by the state Department of Labor and Training on Thursday. more
Coleman Realtors LLC has joined Mott & Chace Sotheby’s International Realty, expanding the firm’s presence in Rhode Island. The firm has grown from four offices located in Charlestown, Narragansett, Providence and Westerly, to six, with new offices opening in Barrington and East Greenwich. more
The Federal Reserve Bank of Boston joined eight other reserve banks in requesting a quarter percentage-point increase in the discount rate before the Oct. 27-28 meeting of the Federal Open Market Committee. more
Systems Engineering Associates Corp. received a five-year, $12 million contract from Newport’s Naval Undersea Warfare Center to support its combat systems department. more
Despite an overall reduction in the number of taxpayer-backed loans made in Rhode Island last fiscal year, small business loan dollar volume grew 2.8 percent thanks largely to an increase in financing for fixed assets, such as real estate and machinery. more
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