Updated May 31 at 3:31pm
Economic Activity
1496 results total, viewing 301 - 310
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
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
A popular craft-beer pub in Westerly will expand into a location in the Kinsley Building in downtown Providence, the first commercial tenant confirmed for the former office building. 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
Gasoline prices in Rhode Island and Massachusetts fell 4 cents and 6 cents, respectively, from last week, hitting their lowest point since May, according to AAA Northeast. more
A key Providence City Council committee approved a standardized plan for tax incentives for the former Interstate 195 lands on Thursday, amending the proposal to include property in the Capital Center development district under the same terms. more
The number of Americans filing applications for unemployment benefits rose last week, maintaining a pattern of gains and losses around decade lows that signals firings remain muted. more
A public records request has been filed with the director of the R.I. Department of Transportation by the Rhode Island Trucking Association president because he wants more details about the governor’s RhodeWorks toll plan. more
One percent meal and beverage tax collections increased 8.1 percent, and 1 percent hotel tax collections rose 3.9 percent, when comparing December with December 2014, the state Department of Revenue said this week. more
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