Updated June 27 at 5:25am
Construction
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Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
Three historic commercial structures in Providence and North Providence that will be converted to apartments will qualify for as much as $5.2 million in state historic preservation tax credits, the state announced Monday. more
Rhode Island ranked 17th in the nation in May for 4.8 percent year-over-year construction employment growth. more
New-home construction in the U.S. was little changed in May, a sign the residential real-estate industry will add little to economic growth in the second quarter. more
(Updated 11:17 a.m.) A ribbon cutting and grand opening ceremony for Amos House’s new $6 million building will take place on Friday at 9 a.m. followed by a tour of the facilities at 460 Pine St. more
With the help of a $670,000 grant from the van Beuren Charitable Foundation, the IRYS School of Technology & Trades announced June 8 it will build a new 20,000-square-foot facility and consolidate both of its Bristol programs to the updated Newport campus. more
The state’s economic momentum in April “deteriorated noticeably,” said University of Rhode Island economist Leonard Lardaro in his latest Current Conditions Index. more
Economic conditions are “generally improving” across New England’s First District as businesses expect “more of the same,” according to the Federal Reserve’s Beige Book report released this week. more
The Providence-Warwick-Fall River metropolitan area ranked 91st among 358 metro areas nationwide for its 6 percent construction job growth over the year in April, the Associated General Contractors of America said Wednesday. more
Rhode Island has 26,593 homes at risk from hurricane storm surge damage this year, 100 more than last year, ranking it 17th, or fourth lowest, on a list of states along the Atlantic and Gulf coastlines, according to CoreLogic’s 2016 Storm Surge report released Wednesday. more
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