Economic Development
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RIPEC, EDC, GA form legislation-tracking partnership
The Rhode Island Public Expenditure Council and the R.I. Economic Development Corporation have established a collaborative partnership with the state’s General Assembly to build a legislative database as a resource for Rhode Island businesses. more
| 1/30/13
Murray announces $780K in STEM funds
BOSTON – Lt. Gov. Timothy P. Murray announced $780,000 in funding to promote and advance Science, Technology, Engineering and Math (STEM) education, jobs and workforce-development initiatives. technology, economic development, workforce, education, public policy, workforce development, more
10/29/12
Jobs outlook seen weak as U.S. companies see need for cost cuts
Weakening demand is forcing new and accelerated cost reductions at companies from Bank of America Corp. and Hewlett-Packard Co. to Staples Inc. and Eastman Kodak Co., dimming the outlook for an already struggling U.S. labor market. more
U.S. manufacturing probably stagnated as spending cooled
Manufacturing in the U.S. probably stagnated in July after contracting for the first time in three years, economists said before a report today. more
EDC holds supplemental meeting after scheduling error
Updated, 11:30 a.m.) After a scheduling error with the electronic posting system that shows the date of all meetings open to the public, the R.I. Economic Development Corporation will hold a supplemental meeting of its board of directors. more
| 9/26/12
Lottery games are going digital
In September, GTECH Corp., the Providence-based gaming subsidiary of Rome’s Lottomatica Group SpA, launched the Lottery Developer Network, a game-development program it thinks might be the next big thing in the industry. more

By Emily Greenhalgh
PBN Web Editor | 11/19/12

Legislators promise collaboration, perspective in 2013 at GPCC lunch
Collaboration, perspective and planning were the watchwords at the Greater Providence Chamber of Commerce’s 2013 Legislative Luncheon, where more than 650 people gathered at the R.I. Convention Center on Wednesday to hear the state’s legislators discuss economic development, tax policy and the state’s business climate. 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
PPAC stop on road to Broadway?
Could Weybosett Street be the next Broadway? more

By Rebecca Keister
PBN Staff Writer | 12/31/12

EDC: America’s Cup economic impact tops $38M for R.I. businesses
(Corrected, 2:45 p.m.) The Ocean State is perfectly-positioned and well-prepared to host high-profile marine events based on the success of the America’s Cup races in Newport last summer, according to a report from the R.I. Economic Development Corporation. more
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