Updated March 23 at 6:25am
Economic Activity
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Christian Cowan is the director of Polaris MEP, a division of the University of Rhode Island Research Foundation funded by the National Institute of Standards & Technology. He talks about some of the initiatives underway to encourage the manufacturing sector in Rhode Island. more
(Updated 3:32 p.m.) The R.I. Commerce Corp. approved up to $9.1 million in incentives for job growth and real estate development on Monday. Commerce RI also announced its selection of three vendors that will execute the state’s upcoming tourism campaign, entering into agreements with NAIL Communications, the RDW Group and NJF, an MMGY Global company. more
(Updated 12:46 p.m.) The cash sales share of total home sales in the Providence-Warwick-Fall River metropolitan area fell to 22.5 percent in November, a percentage point decrease from November 2015, CoreLogic said this week. more
The U.S. economy grew in the fourth quarter at a 1.9 percent pace, unchanged from an initial estimate, as slower investment by businesses and state and local agencies offset stronger household purchases. more
Rhode Island landed in the top half of a ranking of the “best states” by U.S. News & World Report, coming in 21st, although it is the lowest ranked state in New England. more
Single-family home sales climbed 5.5 percent over the year in January in Massachusetts, to 3,621 from 3,433 in January 2016, The Warren Group said Tuesday. more
HarborOne Bank this month named chief operating officer Joseph F. Casey to the position of president. more
People’s Credit Union is praising the state’s “Bank Local” program, which aims to incentivize local financial institutions to make more local loans and be rewarded with state deposits. more
Bank Rhode Island this month closed a $1.2 million refinancing deal with KSL Realty Cranston LLC to expand a local retail plaza. more
Lincoln Appraisal & Settlement Services LLC added Iowa to its growing list of states where the appraisal management and settlement services company is licensed to work. more
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