Economic Activity
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PPS lands $341K for Brick School House purchase, preservation
The Providence Preservation Society will purchase the 1769 Brick School House from the city of Providence thanks to a $341,500 grant from The Champlin Foundations, the preservation society announced Tuesday. more
| 12/11/12
Amazon.com to collect Mass. sales tax in 2013
Online retail warehouse Amazon.com will begin collecting state sales tax on purchases made by Massachusetts customers beginning in the fall of 2013, Gov. Deval L. Patrick’s office announced Tuesday. more
| 12/11/12
Trade deficit in U.S. widened in October as exports slump
The trade deficit in the U.S. widened in October as the biggest slump in exports in almost four years outweighed a drop in imports, evidence of the slowdown in global growth. more
QDC, RIDOT land $6M to repair storm damage, fund upgrades
The Quonset Development Corporation and the R.I. Department of Transportation will receive $6 million in federal funding to make upgrades and repairs related to storm damage caused by 2011’s Hurricane Irene, Rhode Island lawmakers announced Monday more
| 12/10/12
Employment index in U.S. declines, signaling slower job growth
A measure of job prospects fell in November for the second time in the past three months, indicating the U.S. job market will cool. more
Lardaro: R.I. economy shifts into ‘higher gear’ pending fiscal cliff
There should be a sense of cautious optimism around Rhode Island’s strong October economic performance pending federal budget cut negotiations, according to University of Rhode Island economist Leonard Lardaro’s October Current Conditions Index. more
Mulhall wins 2012 Anthony Quinn Award
The Rhode Island Film Collaborative and The Anthony Quinn Foundation have announced the 2012 Anthony Quinn Award winner as Anne Mulhall, founder of LDI Casting, a Providence casting agency. more
UMass Dartmouth completes first stage of MAB construction
Seven months after the initial groundbreaking, the University of Massachusetts Dartmouth celebrated the end of the first stage of construction of the Massachusetts Accelerator for Biomanufacturing with a “topping off ceremony” on Thursday in Fall River. more
| 12/7/12
Payrolls in U.S. rose 146,000 in Nov.; Jobless rate at 7.7%
Payrolls rose more than anticipated in November and the jobless rate fell to an almost four-year low, indicating superstorm Sandy had little effect on the U.S. labor market. more
FAA to re-evaluate T.F. Green’s airport improvement program
The Federal Aviation Administration plans to re-evaluate the environmental impact statement and record of decision for T.F. Green Airport’s airport improvement program, the federal agency announced Thursday. more
| 12/6/12 | 1 comment
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