Updated April 24 at 4:45pm
Economic Indicators
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An index of Rhode Island’s leading economic indicators increased 0.6 percent in August over July to 128.3. more
Textron Inc. reported that net income grew 60.6 percent in the third quarter to $159 million, or 57 cents per diluted share, compared with $99 million, or 35 cents per diluted share, during the same period last year, driven by the company’s Beechcraft Corp. acquisition. more
The unemployment rate for Rhode Island for September remained unchanged at 7.6 percent compared with August, according to data released Thursday by the R.I. Department of Labor and Training. more
Economic conditions remain mixed in New England, with manufacturers citing weaker results, but those in the tourism industry reporting gains, according to the Federal Reserve’s Beige Book released Wednesday. more
Home cash sales are continuing to fall each month nationwide, according to data firm CoreLogic, which released cash sales data on Tuesday. more
Rhode Island received a $7.5 million federal grant to help the long-term unemployed return to the workforce, U.S. Sen. Jack Reed announced Tuesday. more
The Rhode Island Lottery paid $376.3 million to the state’s general fund for the fiscal year that ended on June 30, $2.9 million less than the previous fiscal year, according to the lottery’s audited financial statements. more
The nonprofit Rhode Island Public Expenditure Council released an analysis of Rhode Island’s budget outlook, saying that due to increased revenue and lower-than-anticipated expenditures, the state’s projected opening surplus for fiscal 2015 has been increased to approximately $8.8 million. more
Gasoline prices dropped again in Rhode Island and Massachusetts, according to AAA Southern New England’s weekly survey. more
The city’s nuisance task force will receive a $250,000 grant to support its efforts to identify and remediate vacant and abandoned properties, among other initiatives, according to a press release from Attorney General Peter F. Kilmartin. more
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