Updated February 28 at 10:26am
Economic Activity
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An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose six-tenths of a percent in January to 126.3 from 125.5 in December. more
A new website has been launched to encourage Rhode Islanders to shop at locally owned businesses – buylocalri.org. more
The Providence metropolitan area ranked second in the nation in the growth of workers with an advanced degree from 2005 to 2013, with a 5.6 percent increase during that period. more
Rhode Island’s seasonally adjusted unemployment rate fell to 9 percent in February, according to the latest monthly report from the R.I. Department of Labor and Training. Nationally, the U.S. unemployment rate rose one-tenth of a percentage point to 6.7 percent. more
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a record close last week, as investors assessed the strength of the economy and developments in Ukraine. more
The U.S. Department of Housing and Urban Development on Wednesday awarded nearly $1.8 billion to improve and preserve public housing in all 50 states including Rhode Island, which received $12.6 million. more
Single-family home prices in the Providence-Warwick metro area rose 4.6 percent in January compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
Cumberland pet food distributor Pet Food Experts Inc. has reached an agreement with the city to buy a building on Main Street in downtown Pawtucket and move its corporate offices there. more
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today. more
The R.I. Council on the Arts awarded $139,877 in grants in December, bringing the total awards to date to 276 grants totaling more than $1.4 million, the state agency announced in its newsletter Wednesday. more
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