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RIPEC-Bryant report: R.I.’s GDP grows for 3rd straight quarter

PROVIDENCE – Rhode Island’s gross domestic product grew for the third consecutive quarter but still trailed the average growth in New England and the...

Elorza launches voter education campaign ahead of pension bond ballot referendum

PROVIDENCE – City finances are not the most interesting - or understandable - topic. But lawmakers are trying to get voters excited about the not-so-sexy...

RIPEC report warns of increasing general revenue spending trend

PROVIDENCE – The Rhode Island Public Expenditure Council is warning state policymakers about an increasing trend in general revenue spending, while calling for the...

Providence City Council backs pension obligation bond

PROVIDENCE – A pitch to borrow more than $500 million to funnel into the city’s pension system now rests with state lawmakers, after receiving...

GA bill on Providence pension bond introduced ahead of City Council...

PROVIDENCE - A proposal to borrow more than $500 million to fix the city’s beleaguered pension system is gaining traction among city and state...
THE R.I. OFFICE OF REVENUE ANALYSIS, part of the R.I. Department of Revenue, last month issued a report asking state legislators to address flaws in the Jobs Development Act tax incentive program. PBN FILE PHOTO/CASSIUS SHUMAN

Legislators slow to address tax incentive program deemed ineffective

An R.I. Office of Revenue Analysis report critical of a 28-year-old tax incentive program intended to create jobs hasn’t exactly inspired legislators to move...

RIPEC-Bryant report: R.I. economic recovery lagging nation

PROVIDENCE – Rhode Island’s economic recovery continues to lag the nation despite improvements across several key measures in the fourth quarter of 2021, according...

Providence group recommends borrowing $500M to address pension crisis

PROVIDENCE - Mayor Jorge O. Elorza’s contested pension obligation bond idea has resurfaced, but at a lower amount and with more protections that could...

Five Questions With: Michael DiBiase

Michael DiBiase is CEO and president of the Rhode Island Public Expenditure Council. He previously served five years as the state’s director of administration....
ECONOMIC UPDATE: Michael DiBiase, CEO and president of the Rhode Island Public Expenditure Council, will offer an assessment of the state’s economy at the Greater Newport Chamber of Commerce’s Economic Update Luncheon on Dec. 14 at the Atlantic Resort at Wyndam Newport in Middletown.  / COURTESY RHODE ISLAND PUBLIC EXPENDITURE COUNCIL

Editor’s Choice: RIPEC CEO to discuss economy with Greater Newport Chamber

EDITOR’S CHOICE RIPEC CEO to discuss economy with Greater Newport Chamber THE GREATER NEWPORT Chamber of Commerce will hold an Economic Update Luncheon, hosted by...

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