Economic Activity

GAS PRICES in Rhode Island remained level this week, while Massachusetts gas prices rose 2 cents, both averaging $2.55 per gallon of regular unleaded gas. / BLOOMBERG NEWS FILE PHOTO/PAUL THOMAS

R.I. gas prices hold, Mass. prices up 2 cents this...

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island remained unchanged this week at $2.55 per gallon, 19 cents lower...
COLLECTION OF THE 1% meal and beverage tax in Rhode Island in January declined 12.8 percent year over year to $1.8 million. / BLOOMBERG NEWS FILE PHOTO/CHRIS RATCLIFFE

1% meal and beverage tax drops in Jan.

PROVIDENCE – Collection of the 1% meal and beverage tax in Rhode Island in January totaled $1.8 million, a 12.8% decline year over year...
WAGE GROWTH has in the United States been relatively slow over the last few years, hovering around 3 percent. / BLOOMBERG NEWS

Opinion: Wage growth isn’t threatening corporate profits

NEW YORK - The jobs report on Friday brought a little good news for investors worried that a key part of the decade-long bull...
U.S. PAYROLLS increased by 196,000 in March/ BLOOMBERG NEWS FILE PHOTO/DAVID PAUL MORRIS

U.S. payrolls top estimates with 196,000 rise, wage gains ease

NEW YORK -United States hiring rebounded more than forecast in March and the prior month was stronger than first reported, potentially relieving some concerns...

Commerce RI issues RFP for McCoy Stadium, Downtown Pawtucket Redevelopment Area...

PROVIDENCE – The R.I. Commerce Corp. issued a request for proposals April 2 on behalf of Pawtucket, seeking a new tenant for McCoy Stadium...
A RENDERING of a proposed apartment building at 210 West Exchange St. in Providence by ZDS Architectural Design. / COURTESY CITY OF PROVIDENCE

40-unit apartment building proposed for West Exchange Street

PROVIDENCE – A two-story historical building in an industrial area of Federal Hill could be converted with a new five-story addition to a 40-unit...
THE BLOOMBERG Consumer Comfort Index fell to 58.9 from 60 last week. / BLOOMBERG NEWS FILE PHOTO/NATAN DVIR

U.S. consumer comfort drops to eight-week low on finance views

NEW YORK - A measure of sentiment among Americans declined to an eight-week low as respondents’ views of their personal finances posted the steepest...
UNITED STATES jobless claims decreased to 202,000 last week, beating estimates. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. jobless claims fall to 49-year low, below all forecasts

NEW YORK - Filings for United States unemployment benefits unexpectedly fell, dropping to the lowest since December 1969, as the labor market tightened further.Jobless...
THE UNEMPLOYMENT RATE in the Providence-Warwick-Fall River metro area declined 0.8 percentage points year over year to 4.3 percent in February. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Providence metro unemployment rate 4.3% in Feb.

PROVIDENCE – The unemployment rate in the Providence-Warwick-Fall River metropolitan area in February was 4.3 percent, not seasonally adjusted, a 0.8 percentage-point decline year...
HASBRO CEO BRIAN GOLDNER earned $8.5 million in 2018, compared with $11.9 million in 2017. / COURTESY HASBRO

Hasbro’s Goldner earns $8.5M in 2018

PAWTUCKET – Hasbro Inc. Chairman and CEO Brian Goldner was paid $8.5 million in 2018, a decline from $11.9 million in 2017, according to...
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