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AN ECONOMIC ANALYSIS by IHS Markit presented at the R.I. Revenue & Estimating Conferences says that Rhode Island nonfarm employment will not exceed its pre-pandemic peak until mid fiscal year 2024. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

Economic analysis: R.I. jobs won’t rise above pre-pandemic levels until fiscal...

PROVIDENCE – An economic analysis presented by IHS Markit at the state’s Revenue and Caseload Estimating Conferences on Oct. 29 projected that Rhode Island’s...

Economic forecast: R.I. economy to rebound slowly, full recovery by 2022

PROVIDENCE – Rhode Island has recovered almost 60% of the jobs lost in the COVID-19 pandemic shutdowns of the spring, but the remainder will...
PLAYING IT SAFE: As hurt as his two Providence restaurants have been by the coronavirus panademic, James Mark says he won’t open his restaurants for dine-in service until there’s a vaccine, treatment or widespread testing. / PBN FILE PHOTO/MICHAEL SALERNO

Are we ready? Raimondo moves ahead with reopening R.I.

Mounting case counts, hospitalizations and deaths. Soaring unemployment claims and nose-diving tax revenue. Mysteriously high infection rates among Latinos. No matter what part of...

Economist: R.I. in recession due to COVID-19, unemployment could reach nearly...

PROVIDENCE – Rhode Island has been plunged into a deep recession by the impact of COVID-19 and won’t begin to recover until the final...
THE IHS Markit manufacturing Purchasing Managers’ Index slipped to 50.1 from 50.5, according to a preliminary report Friday. / BLOOMBERG FILE PHOTO/ MATTHEW BUSCH

U.S. factory index falls to fresh nine-year low

WASHINGTON – A gauge of United States factories fell in June to the lowest since late 2009 and hovered just above the threshold between...
THE INSTITUTE FOR SUPPLY MANAGEMENT'S purchasing managers index, a measure of United States manufacturing activity, declined to 52.1 from 52.8 in May to the lowest level since October 2016, while a PMI released Monday by IHS Markit also fell, dropping to the weakest level since 2009. / BLOOMBERG NEWS FILE PHOTO/ TY WRIGHT

U.S. factory gauge falls to lowest level of Trump presidency

NEW YORK – A measure of United States manufacturing activity unexpectedly fell in May to the lowest level since October 2016, in a sign...
ACCORDING TO a new survey, less than half of U.S. manufacturers expect that tariffs will lead to higher domestic prices in the U.S. through 2020. Most respondents also did not anticipate moving factories back to the U.S. due to tariffs. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Less than half of U.S. factories expect tariff price impact

NEW YORK - Less than half of United States manufacturers think that President Donald Trump’s tariff and trade war will lead to higher domestic...
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