Updated October 23 at 6:27am
Economic Activity
1509 results total, viewing 311 - 320
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
The U.S. job market stirred to life in June as payroll growth accelerated by the most since October after a two-month lull, assuaging fears of broader cutbacks by companies. 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
For commercial real estate investors, the good times may be over. more
Federal Reserve officials were divided in July over the urgency to raise interest rates again, with some preferring to wait because inflation remained benign and others wanting to go soon as the labor market nears full employment. more
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