Economic Development
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EDC, RWU team up for urban revitalization program
The R.I. Economic Development Corporation and Roger Williams University are teaming up for an urban revitalization program focused on small business support through student curriculum-based projects, Gov. Lincoln D. Chafee announced Thursday. more
Fitch says U.S. rating still unlikely to change until 2013
Fitch Ratings said its negative outlook on the U.S.’s AAA credit ranking is still unlikely to change before late 2013 as it waits to assess any deficit- reduction plans following this year’s elections. more
R.I. in bottom 5 on ULI’s Emerging Trends report
Of the 51 markets covered in the Urban Land Institute’s 2013 Emerging Trends in Real Estate report, Providence ranked 46. more
| 10/22/12
Leadership RI sponsors 6-month Central Falls program
To help create a sustainable model of community development, Leadership Rhode Island is sponsoring a six-month leadership development program called Leadership Central Falls, which will launch on Thursday, Oct. 25, the same day the city’s bankruptcy officially ends. more
| 10/22/12
I-195 Commission worries over budget
The commission managing the former Interstate-195 lands considered the $900,000 in this year’s state budget the minimum needed each year to redevelop and maintain the downtown properties. But I-195 Commission Chairman Colin Kane said Monday that state budget officials have told him they expect that money to last three years. more
Lardaro: Economic indicators ‘show some real strength’ in August
Economic conditions in August could signal a re-acceleration of Rhode Island’s economic recovery, with most measured factors showing improvement according to University of Rhode Island economist Leonard Lardaro’s August Current Conditions Index. more
Chafee plans review of economic-development proposals
Gov. Lincoln D. Chafee on Thursday met with top government, business, labor and nonprofit leaders about changing Rhode Island’s public-sector economic-development efforts, but offered no timeline or certainty to when any changes might take place. more
U.S. stocks advance as jobless claims drop to 4-year low
U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for the first time in five days, as American jobless claims slid to a four-year low and Italy’s bond yields fell after a debt sale. more
Fed’s Dudley says housing is key obstacle to economic growth
Federal Reserve Bank of New York President William C. Dudley said weakness in the housing market is one of the main forces creating a “disappointing” economic recovery. more
Pawtucket, Central Falls properties have ‘strong potential’ for development
Underutilized Blackstone River corridor properties in Pawtucket and Central Falls have strong potential for retail and residential development, a market analysis commissioned by the Pawtucket Foundation has found. more
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