Economic Development
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Report: R.I. economic recovery is slowing
The Rhode Island Current Economic Indicator for the second quarter of 2012 grew 0.4 percent, indicating that the Ocean State’s economic growth has slowed significantly in the first half of 2012, according to a report by Bryant University and the Rhode Island Public Expenditure Council. more
| 8/15/12
Chafee nominates 5 for EDC board
Shannon Brawley, Nancy Carriuolo, Roland Fiore, Jason Kelly and George Nee are the latest to be nominated by Gov. Lincoln D. Chafee for the R.I. Economic Development Corporation board of directors, Chafee announced Thursday afternoon. more
| 3/7/13 | 1 comment
U.S. jobless rate declines to 7.8%, 114,000 jobs added
The unemployment rate in the U.S. unexpectedly fell to 7.8 percent in September, the lowest since President Barack Obama took office in January 2009, as employers took on more part-time workers. more
38 Studios leaves big space to fill
When Blue Cross & Blue Shield of Rhode Island left One Empire Plaza in Providence for its new Capital Center headquarters in 2009, it only took a year for the building’s owner to find a new tenant, Curt Schilling’s 38 Studios LLC. more
I-195 Redevelopment Commission delays Dyer St. land sale
The Interstate 195 Redevelopment District Commission delayed action Monday night on a proposed sale of a slice of Dyer Street land to Brown University in order to gather more information about the transaction. more
Distressed home sales hit snag
As lenders across the country struggle to sort out confused, sloppy or abusive foreclosure practices, a 2-year-old state mortgage-counseling law in Rhode Island has turned into a stumbling block for many banks trying to move distressed properties off their books. more
Transportation plan needed for I-195 land
The former Interstate-195 lands need a transportation plan as only seven of the 23 parcels slated for redevelopment there can accommodate a building with sufficient on-site parking, a consultant told the I-195 District Commission Monday. more
Rhode Island exports plunged 14.3% in July
Exports from Rhode Island plunged 14.3 percent in July after rallying 13.2 percent in June, according to an international trade statistics report from e-forecasting.com. more
| 9/27/12
Chafee appoints 3 to EDC board, names ‘special adviser’
A construction materials company president, bank executive and union business manager are Gov. Lincoln D. Chafee’s latest nominees to the R.I. Economic Development Corporation board of directors. more
QDC searches for terminal operator to expand port business
The Quonset Development Corporation issued a public Request for Proposals this week as they search for a qualified company to provide terminal services at the Port of Davisville. more
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