Tag: Economic Forecast
Some R.I. firms worry about effects of tariff threats
Many Rhode Island businesses are in a “wait-and-see” holding pattern as they anxiously await the results of President-elect Donald Trump’s vow to raise tariffs...
States could see a crypto policy blitz in 2025; will R.I....
If the R.I. State Investment Commission, which manages the state’s $11 billion public retirement system, had a crystal ball in 2019, it could have...
Real estate industry ready for some rate cuts
While many real estate agents are dream sellers, Gina Lalli, senior loan officer at Shamrock Home Loans in Newport, often has to give buyers...
2024 forecast: R.I.’s unemployment – ‘nowhere to go but up’
During the COVID-19 pandemic, University of Rhode Island economist Leonard Lardaro says he noticed businesses in the South County region of the state posting...
Firms fret about how big their power bills will grow
The massive milling machines and grinders used to make Hindley Manufacturing Co.’s signature wire hardware are power hungry, so it’s no surprise that President...
Housing market forecast: ‘From ridiculous to hot’
Prospective homebuyers shouldn’t expect substantial relief on the horizon when it comes to house prices.
Following a record-breaking year for the residential real estate market...
R.I. job market could take years to recover
Economists foresee a long, slow rebuilding period following the devastation of the COVID-19 pandemic, with the replacement of lost jobs in Rhode Island taking...
PBN summit: High business costs, education are concerns in R.I.
The Rhode Island economy has come a long way since the dark days of the Great Recession, when the unemployment rate was among the...
Economist doesn’t believe recession in the forecast
Some businesspeople might feel there’s an economic downturn looming ahead, but Thomas Tzitzouris doesn’t see it that way.
“There is no reason to suspect there...
Economists say next downturn won’t be as bad for R.I.
Rhode Island has cranes in the sky, unemployment below 4%, new companies such as Infosys Ltd. and new jobs have arrived in its capital...