Economic Activity
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EDC fund struggles to find takers
When Rhode Island secured a $13.1 million grant from the U.S. Treasury to lend to small businesses in 2011, finding Ocean State companies to take the money didn’t register as a concern. more

By Patrick Anderson
PBN Staff Writer | 2/18/13 | 1 comment

Lardaro: Economic growth continues in R.I. in Nov.
The Rhode Island economy performed well for a second consecutive month in November, raising the likelihood of a period of sustained growth, University of Rhode Island economist Leonard Lardaro said in his Current Conditions Index Monday. more
Taveras outlines economic development plan
At a press conference on Wednesday, Mayor Angel Taveras outlined a 20-step economic development action plan to “put Providence residents back to work and jump-start the economy of Rhode Island’s capital city.” more
| 3/27/13 | 1 comment
Leading economic indicators edge upward in August
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose slightly to 120.1 in August. more
| 10/1/12
Record exports boost U.S. growth as trade gap narrows
Exports from the U.S. climbed to a record in September, contributing to an unexpected decline in the trade deficit that gave the world’s largest economy a boost at the end of the third quarter. more
Jobless rate falls slightly in New England in November
New England’s unemployment rate dropped 0.1 percentage points from October to November to 7.3 percent, the U.S. Bureau of Labor Statistics announced Friday. more
| 12/21/12
Hasbro reboots Furby toy for an iPad-obsessed generation
In early 2011, Hasbro Inc. CEO Brian Goldner convened a team of designers, engineers and marketers to figure out the Next Big Toy. more
R.I. jobless rate near 4-year low
Rhode Island’s unemployment rate fell to 10.2 percent for December, the lowest unemployment rate for the Ocean State since March 2009, the R.I. Department of Labor and Training said Thursday. more
| 1/17/13
Legislators promise collaboration, perspective in 2013 at GPCC lunch
Collaboration, perspective and planning were the watchwords at the Greater Providence Chamber of Commerce’s 2013 Legislative Luncheon, where more than 650 people gathered at the R.I. Convention Center on Wednesday to hear the state’s legislators discuss economic development, tax policy and the state’s business climate. more
Confidence among small U.S. businesses cooled in September
Confidence among U.S. small businesses cooled in September as fewer companies said they planned to hire or invest in new equipment, a survey found. more
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