Tag: Economy
Businesses see more reasons for hope than in 2008
When PBN started its biannual business survey during the depths of the Great Recession in 2008, the local economy was experiencing the most sustained...
Changing places
Did your company relocate or downsize amid the pandemic?
Yes: 56%
No: 44%
What caused your business to relocate or downsize? (Select any that apply.)
We did not...
Reasons why Biden’s win could be good for economy
On day one, a newly inaugurated President Joe Biden will have to address a devastated economy – much like he and former President Barack...
Trick-or-treat economy
Has the economic landscape this year been the most challenging your business has had to navigate?
Yes: 57%
No: 43%
In what ways has your business benefited?...
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...
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...
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