Updated February 11 at 6:25am
Local News
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Rhode Island’s leading economic indicator declined in March by two-tenths of a percentage point to 131.2, the same decline it experienced in February, according to the Providence Business News/e-forecasting.com Leading Economic Indicator index. An index reading of 100 is equal to the state’s activity in 2000. more
Consumer confidence declined to a six-week low as Americans took a less favorable view of their finances and the slowdowns at factories and oilfields soured attitudes among men. more
A Harvard University administrator and a chancellor from within the University of Massachusetts system have been named finalists for the UMass presidency. more
(Updated 2:52 p.m.) Providence Mayor Jorge O. Elorza on Wednesday unveiled his first-ever proposed city budget, which – like the three budgets before – holds the line on the commercial tax rate. more
Rhode Island is considered an innovation adopter, according to the Consumer Electronics Association, which ranked each state on its willingness and ability to encourage innovation. more
South County Hospital and The Miriam Hospital each received A grades on the Leapfrog Group’s spring hospital safety score report card. more
Applications for U.S. jobless benefits declined last week to the lowest level in 15 years, showing employers view a first-quarter slowdown in the economy is probably temporary. more
Brown University will receive $375,000 over three years through a National Aeronautics and Space Administration’s research infrastructure development grant. more
Jobless rates were lower in March than a year earlier in 358 of the 387 metropolitan areas, including Providence-Warwick-Fall River which saw its rate drop to 6.8 percent from 8.7 percent, according to the federal Bureau of Labor Statistics. more
The world’s largest economy sputtered to a near-halt in the first quarter, choked by a slump in U.S. business investment and exports that dimmed hopes for a meaningful short-term rebound. more
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