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Tag: Rhode Island Public Expenditure Council

Report: R.I. GDP contracts at 40.6% annualized rate in Q2

PROVIDENCE – Rhode Island’s gross domestic product contracted at a 40.6% annualized rate in the second quarter, reflecting the severe economic impact of the...

Report: R.I. GDP contracts at 40.6% annualized rate in Q2

PROVIDENCE – Rhode Island's gross domestic product declined at a 40.6% annualized rate in the second quarter, reflecting the severe economic impact of the...
Kim A. Keck

Keck receives first Kati Machtley Businesswoman of the Year Award

KIM A. KECK received the first Kati Machtley Businesswoman of the Year Award at the virtual Bryant University Women’s Summit on June 10. Keck,...

Magaziner: R.I. needs to make investment to stabilize economy; can safely...

PROVIDENCE – Rhode Island has the debt capacity to borrow another $200 million this year, on top of the $387 million in bonds proposed...
Michael DiBiase

Pandemic offers R.I. leaders a chance to reassess priorities

Rhode Island has been hit harder by the COVID-19 pandemic than most states, and the economic fallout has left the General Assembly with a...
A NEW report from the Rhode Island Public Expenditure Council projected that that the state's unemployment insurance trust will become insolvent by September, potentially resulting in raised business taxes down the road.

RIPEC: State unemployment trust may run out by Sept., resulting in...

PROVIDENCE – Rhode Island’s unemployment insurance trust fund is on track to run out by September, and the result may be higher taxes for...
RHODE ISLAND's gross domestic product was projected to have contracted at a 4.3% annualized rate in the first quarter of 2020. / COURTESY RHODE ISLAND PUBLIC EXPENDITURE COUNCIL AND THE CENTER FOR GLOBAL AND REGIONAL ECONOMIC STUDIES AT BRYANT UNIVERSITY

Report: R.I. Q1 GDP projected to have contracted at 4.3% annualized...

PROVIDENCE – Rhode Island’s gross domestic product was estimated to have contracted at a 4.3% annualized rate, according to a report from the Rhode...

Five Questions With: Sandra Parrillo

Sandra Parrillo is CEO and president of The Providence Mutual Fire Co., and was recently elected to The Washington Trust Co. board of directors....
STANDING HER GROUND: Karen Santilli, director of Crossroads Rhode Island, is hopeful that an affordable-housing program included in Gov. Gina M. Raimondo’s initial budget proposal will survive despite the state’s new revenue woes. / PBN PHOTO/MICHAEL SALERNO

Unkindest cuts: Many casualties expected as R.I. begins ‘brutal’ budget process

The future looked encouraging for Karen Santilli just a few months ago. In mid-January, Gov. Gina M. Raimondo released a $10.2 billion fiscal 2021 budget...
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...

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