Updated May 2 at 5:24pm
Economic Activity
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John Lawlor, the head of Bank of America Corp.’s municipal-bond department, is a graduate of the U.S. Naval Academy. In 2015, he navigated the second-largest U.S. bank by assets to the top of the muni-bond underwriting table for the fourth consecutive year. more
(Updated, 10:55 a.m.) Fourteen projects received a total of $3.7 million in matching grants under the new Brownfields Remediation and Economic Development Fund, the governor’s office and R.I. Department of Environmental Management announced Wednesday. more
Systems Engineering Associates Corp. received a five-year, $12 million contract from Newport’s Naval Undersea Warfare Center to support its combat systems department. more
Rhode Island was the only New England state to report an increase in its labor force in November compared with November 2014, the state Department of Labor and Training said Wednesday. more
In November, Rhode Island again was among the top five states with mortgages late by 90 days or more. more
An increase in consumer purchases in November was accompanied by rising wages and scant inflation, indicating the biggest part of the U.S. economy will continue to underpin growth. more
Orders for U.S. capital goods dropped in November for the first time in three months, showing businesses began tempering new investment after a third-quarter surge. more
Sixteen new research projects will provide data on state policy issues ranging from municipal collaboration to the education of Latinos through the College and University Research Collaborative. more
When it comes to buying gifts for their pooches during the holiday season, Rhode Island is no New Jersey, but it’s better than Kentucky. more
Schools, organizations, community centers and artists were awarded approximately $143,000 in grants from the R.I. State Council on the Arts this month. more
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