Economic Activity

RHODE ISLAND ash collections increased 10.9% year over year in November to $294.9 million.

Nov. cash collections increase 10.9% Y/Y

PROVIDENCE – Rhode Island cash collections in November totaled $294.9 million, a 10.9% increase year over year, the R.I. Department of Revenue said on...
HOMELESSNESS IN RHODE Island was estimated to have declined 4.2% in 2019. / COURTESY U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

New report shows homelessness declined 4.2% in R.I.

PROVIDENCE (AP) – Homelessness in Rhode Island has declined by 4.2%, federal housing officials said Thursday. The U.S. Department of Housing and Urban Development released...
THE LOCAL BETTER BUSINESS BUREAU said that it received over 3,000 complaints about both customer service and billing and collection issues in 2019.

Local BBB recaps 2019 complaints and inquiries

PROVIDENCE — The Better Business Bureau serving Massachusetts, Maine, Rhode Island and Vermont received 3,602 complaints about customer service in 2019, according to a...
U.S. JOBLESS CLAIMS declined 9,000 to 214,000 last week. / BLOOMBERG FILE PHOTO/JEFF KOWALSKY

U.S. jobless claims decrease to lowest level in 5 weeks

WASHINGTON – Filings for United States unemployment benefits fell to a five-week low, the latest indication that the labor market remains solid just ahead...
THERE WERE 2039 bankruptcy filings in 2019, the lowest number since 2006. / PBN GRAPHIC/ CHRIS BERGENHEIM

R.I. bankruptcy filings decline 5.6% Y/Y in 2019

PROVIDENCE – There were 2,039 bankruptcy filings in Rhode Island in 2019, a 5.6% decline year over year, according to U.S. Bankruptcy Court records. The...
U.S. CONSUMER CREDIT increased $12.5 billion billion in November, despite outstanding balances on credit cards and other revolving debt declined by the most in eight months. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

U.S. consumer borrowing cools on drop in credit-card balances

WASHINGTON – United States consumer borrowing increased less than forecast in November as outstanding balances on credit cards and other revolving debt declined by...
MORE THAN HALF of moves conducted by United Van Lines in and out of Rhode Island saw customers moving to the Ocean State in 2019. / COURTESY TAX FOUNDATION

United Van Lines survey: More moved to R.I. than left in...

PROVIDENCE – In Rhode Island, slightly more than half of all moving trips were inbound to the Ocean State in 2019 while Massachusetts saw...
MAINE'S LAND USE Planning Commission has determined that the New England Clean Energy Connect project met zoning and land use standards. The project, a map of which is above, would still need to clear other regulatory hurdles. / COURTESY NEW ENGLAND CLEAN ENERGY CONNECT

Maine agency signs off on $1B hydropower transmission line

ORON, Maine (AP) – The state agency that handles zoning in Maine's unregulated territories on Wednesday gave its approval to a proposed $1 billion...
A RECALL for an additional 10 million air bag inflators made by now-defunct Takata Corp. was disclosed Wednesday. / BLOOMBERG NEWS FILE PHOTO/JOE READLE

Takata triggers U.S. car recall for another 10M air bags

WASHINGTON – Another 10 million air bag inflators made by now-defunct Takata Corp. must be repaired in what could be the last major wave...
Daniele International has merged with the Utah-headquartered company CreminelliFine Meats Inc.

Daniele International merges with Utah charcuterie company

BURRILLVILLE – Daniele International, the locally headquartered producer of specialty charcuterie and deli meats, has merged with Utah-headquartered Creminelli Fine Meats LLC, the former's...
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