68.6 F
Providence
Sunday, September 27, 2020
Home Economy Economic Activity

Economic Activity

Expanded Restore RI grant program sees 400 new applications in 4...

PROVIDENCE – The number of small businesses seeking grants through the Restore RI program has increased by nearly 50% in the last four days...

PBN survey: Most R.I. businesses foresee recovery from pandemic within a...

Despite the economic devastation inflicted by COVID-19, Rhode Island businesspeople remain optimistic that the worst is over and their businesses can only improve in...

Luxury projects keeping homebuilders busy

Homebuilder Mark Horan has never seen it so good. Limited inventory of existing homes, low interest rates and new trends that have grown out of...
Bruce Newbury

Dining Out: The hurdles keep coming

Restaurants are complex places. There are legal and fire codes, health and safety requirements, municipal and state inspections, regulations and licensing, year in and...

Fed plan to spur inflation has risks

In a healthy economy, prices tend to go up – a process called inflation. While you might not like that as a consumer, moderate price...

SENEDIA receives $18.6M defense contract to help build submarine shipbuilding pipeline

MIDDLETOWN – The Southeastern New England Defense Industry Alliance has secured an $18.6 million defense contract from the U.S. Department of Defense to help...
THE MARSHALL PROPERTIES plan for redeveloping Metacomet Golf Club would include retail, restaurants and townhouses, as well as a supermarket and homes. This is a rendering of the retail area. / COURTESY MARSHALL PROPERTIES

Potential vote on Metacomet Golf Club redevelopment Friday

EAST PROVIDENCE – A public hearing and a potential vote on whether to rezone Metacomet Golf Club for mixed-use development will be held on...

WPRI: Pawtucket soccer stadium developer updates project plans, striking Apex site

PROVIDENCE – The developer behind a soccer stadium project slated for Pawtucket’s waterfront has scaled back the proposal, with a new version that cuts...
ANNUALIZED PERSONAL INCOME in Rhode Island increased 62.5% from the first quarter to the second quarter, bolstered by unemployment boosts and individual payments from the federal CARES Act. / COURTESY U.S. BUREAU OF ECONOMIC ANALYSIS

R.I. personal income rises 62.5% in Q2

PROVIDENCE – Personal income in Rhode Island increased by an annualized rate of 62.5% in the second quarter, the fifth-highest rate of increase in...

U.S. jobless claims at 870,000 as fraud and backlogs cloud data

WASHINGTON (AP) – The number of people seeking United States unemployment aid rose slightly last week to 870,000, a historically high figure that shows...

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