Economic Activity
922 results total, viewing 551 - 560
The National Endowment for the Arts has announced a $75,000 grant to the city of Pawtucket, one of 66 cities in 38 states nationwide to receive funding under the NEA’s “Our Town” program to enliven local communities through artistic projects. more
The R.I. Department of Revenue collected $10 million more in March than during the same month last year, driven by increased public utility and insurance company tax receipts as well as estate and transfer taxes, the department reported Monday. more
AAA Southern New England projects that 34.7 million Americans will journey 50 miles or more from their homes during the Labor Day holiday weekend. This is the highest volume of travelers for the holiday since 2008. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Rep. James R. Langevin on Monday announced a new $800,000 federal grant for infrastructure upgrades at the Port of Davisville designed to increase Rhode Island’s port capacity and improve cargo shipment flexibility for companies headquartered in Quonset Business Park. more
Rhode Island’s defense industry contributed $3.75 billion to the state’s economy in 2013 and supported as many as 33,806 jobs statewide, according to a report released Tuesday by the R.I. Defense Economy Planning Commission. The defense economy generated $1.93 billion in income for Rhode Island households last year as well as $106 million in tax revenue for the state. more
Edesia Inc., a nonprofit that produces ready-to-use therapeutic foods and supplemental foods for malnourished children, has signed a 25-year lease at Quonset Business Park, where it plans to build a new facility and relocate from its current Providence location. more
Second-quarter sales of single-family homes in Rhode Island fell 4.4 percent compared with the same period in 2013, the Rhode Island Association of Realtors said Wednesday. more
One week after announcing an agreement to sell the Providence Journal to New Media Investment Group Inc., A.H. Belo Corp. reported second-quarter net income of $22 million, more than 18 times the profit of the same year-earlier period, thanks in large part to an $18.5 million investment gain. more
It may not be sweater weather yet, but the annual deluge of pumpkin-flavored treats is on its way. more
For the third consecutive grant cycle, Rhode Island has received an award from the U.S. Small Business Administration’s State Trade and Export Promotion Program to support efforts to export by small businesses in the Ocean State. more
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