Updated March 5 at 11:09am
Economic Activity
1286 results total, viewing 31 - 40
Rhode Island’s seasonally adjusted unemployment rate inched downward in January to 9.2 percent, the lowest rate since November 2008, according to the latest monthly report from the R.I. Department of Labor and Training. The state’s civilian labor force totaled 550,300 in January, up 200 from December 2013 but down 9,700 from January 2013. more
Rhode Island saw 1,468 foreclosures for single-family and multifamily homes in 2013, a 10.2 percent decline from 1,634 foreclosures the previous year, affordable homes coalition HousingWorks RI reported Friday. Overall, 22 Rhode Island cities and towns saw foreclosures decline last year, while 12 municipalities and Providence’s East Side saw foreclosures increase and five saw no change. more
About 90 percent of Rhode Island business leaders think the U.S. economy will improve in the next 12 months, based on a survey taken by about 350 attendees at the Santander Bank and Greater Providence Chamber of Commerce Economic Outlook Breakfast at the Omni Hotel on Thursday. more
Staples Inc., the largest U.S. office-supplies chain, will close as many as 12 percent of its North American stores and cut as much as $500 million in costs as online competition continues to hurt sales. The shares fell. more
Employers in the U.S. are taking longer to fill job openings, a sign that the labor market is tightening as companies compete for talented workers. more
The U.S. Small Business Administration (SBA) administrator has applauded President Barack Obama’s signing of the 2015 National Defense Authorization Act, which contains a provision aimed toward increasing women-owned small businesses access to the federal contracting marketplace. more
A city developer has entered into exclusive negotiations with the I-195 Redevelopment District Commission to purchase a piece of former highway land in the city’s Fox Point neighborhood. more
The Providence-Fall River-Warwick metro area saw a 1 percent increase in construction employment from January 2013 to January 2014, according to The Associated General Contractors of America monthly jobs report released Thursday. more
Rhode Island’s combined state and federal top marginal tax rate on personal dividends income, currently 28.6 percent, ranks as the 20th highest rate in the country, according to a study published by the Tax Foundation on Tuesday. more
Downgrading Rhode Island’s economic momentum from “precarious” to “tenuous,” University of Rhode Island economist Leonard Lardaro said June’s Current Condition Index “shatters the notion” of economic progress the state seemed to be making. more
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