Tag: Economy
Owners tap into savings to withstand pandemic
NEW YORK – When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore’s tour business, leaving her...
Fixes possible for U.S. manufacturing sector
The COVID-19 pandemic has revealed deficiencies in the U.S. manufacturing sector’s ability to provide necessary products.
With heavy reliance on global supply chains and foreign...
Helping Providence’s downtown is boost for the entire state
Providence is the engine that drives Rhode Island’s economy. And the downtown is the capital city’s heartbeat.
It’s been that way since a transformation that...
Small business neglected in recovery plans
Congress has failed Rhode Island business. When the Great Recession hit in 2008, despite the lessons that could have been learned from the dotcom...
Beige Book: N.E. businesses continue to have ‘considerable uncertainty’ on economy
PROVIDENCE – Economic activity in New England picked up somewhat in the second half of May and all of June, the Federal Reserve’s Beige...
What’s worse, the pandemic or the cure?
The coronavirus pandemic catapulted the country into one of the deepest recessions in U.S. history, leaving millions without jobs or health insurance. There is...
Be resilient before recovery is needed
Even if all you had to worry about were the quality of your company’s products or services and continued growth of the customer base,...
U.S. unemployment falls to 11%, but new shutdowns underway
WASHINGTON (AP) – U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But...
More workers losing hope of getting back jobs
Eric Benz didn’t worry very much when his graphic design firm in Atlanta laid him off in March. He felt sure he’d be recalled...
Lardaro: At its lowest, R.I. could use COVID-19 crisis as opportunity...
PROVIDENCE – University of Rhode Island economist Leonard Lardaro said he hopes April is the “absolute bottom” for the struggling economies of the state and...
