Updated August 24 at 12:30am
Economic Activity
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Personal income for the nation climbed 1 percent on average in the first quarter, the same pace as the fourth quarter, and rose in all states, including Rhode Island, except for Wyoming and North Dakota, according to the U.S. Bureau of Economic Analysis. more
Rhode Island ranked 35th in the nation for an 8.9 percent decline in exports through the first 10 months of 2015 compared with the same period last year, according to e-forecasting.com. more
Rhode Island ranks among the bottom 10 states for tax friendliness, coming in sixth-worst, according to the Tax Foundation’s State Business Tax Climate Index. more
Businesses in New England’s First District have a generally positive outlook, as they continue to report rising revenue, and they expect that to persist, according to the Beige Book, the Federal Reserve’s report on economic data, released Wednesday. more
Despite being home to the nation’s oldest Fourth of July celebration in Bristol, Rhode Island, for the second year in a row, is considered one of the least patriotic states. more
Hotel tax collections jumped nearly 25 percent in July when compared with July 2014, the state Department of Revenue reported Friday. more
Home prices in the Providence metro area improved 4.2 percent in July on a year-over-year basis, according to Black Knight Financial Services, placing the region’s urban core 28th among the nation’s 40 largest metro areas for home price improvement. more
U.S. Sen. Jack F. Reed announced Friday $9.3 million in federal funding from the U.S. Department of Transportation to reduce jet noise affecting residents living near T.F. Green Airport. Of the $9.3 million, $887,032 is expected to help to voluntarily acquire three homes impacted by aircraft noise. An additional $8,435,954 will provide sound insulation mitigation to airport-area residences. more
The Rhode Island Outdoor Recreation Council has released its interim report on the state of recreation in Rhode Island. more
With 1,906 single-family home sales in the first quarter, a 15 percent increase compared with the same period last year, Rhode Island experienced its busiest first quarter since 1986, the Rhode Island Association of Realtors said Wednesday. more
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