Updated February 28 at 6:22pm
Economic Indicators
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Harsh winter weather dragged down new home construction and Rhode Island’s overall economic performance in February, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. February’s CCI of 58 is lower than both January’s figure of 67 and the index for February a year ago, which was also 67, the report states. more
Home prices increased in Rhode Island in August, according to data released Tuesday by CoreLogic. more
The Sheffield Smith House, one of the oldest houses in its section on Smith Hill, made the Providence Preservation Society’s 2015 list of the most endangered properties. more
Gov. Lincoln D. Chafee and R.I. Department of Labor and Training Director Charles J. Fogarty are scheduled to announce on Monday afternoon that funds that the state borrowed to cover unemployment insurance benefit payments will be paid back six months early. more
Home cash sales are continuing to fall each month nationwide, according to data firm CoreLogic, which released cash sales data on Tuesday. more
Walgreen Co., the largest U.S. drugstore chain, and CVS Health’s CVS/pharmacy unit settled a dispute over a patented technology that lets customers refill prescriptions with mobile-phone scanners. more
Providence Equity Partners is in talks to buy Clarion Events, organizer of the London International Horse Show, for about 250 million pounds ($391 million), people with knowledge of the matter said. more
Rhode Island’s troubled labor market continued to impede momentum that in March had otherwise improved across several economic sectors, according to the Current Conditions Index report released Monday by University of Rhode Island economist Leonard Lardaro. more
The Rhode Island Foundation is now accepting applications for the 2015 Rhode Island Innovation Fellowship, its fourth round of competitive grants. more
The number of Americans filing applications for unemployment benefits rose more than forecast last week after reaching a six-month low, a sign that progress in the labor market remains fitful. more
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