Updated August 28 at 12:28pm
Economic Activity
1496 results total, viewing 251 - 260
Foreclosure rates in the Providence-Warwick metropolitan area and Rhode Island increased in December compared with December 2014, while mortgage delinquency rates fell during the same time frame, according to CoreLogic. more
The IYRS School of Technology & Trades is preparing a significant expansion of its programming and campus in Newport, including adding a 20,000-square-foot facility to house its School of Composites Technology and School of Marine Systems. more
The state’s seasonally adjusted unemployment rate fell 1 percentage point year over year in April to 5.3 percent, a level not seen since August 2007, the R.I. Department of Labor and Training announced in its monthly report Thursday afternoon. more
Mayor Jorge O. Elorza unveiled a $716.8 million operating budget for the upcoming fiscal year Wednesday, a spending package that includes reductions in the commercial and residential tax rates, and an increased exemption for auto excise taxes, but which will most likely result in increased taxes for many property owners due to rising assessments. more
KVH Industries Inc. reported a nearly 1 percent increase in revenue in the third quarter, but in a reversal from a year ago, a $151,000 net loss for the period. more
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
“Minority and small businesses in the urban core have generally found it difficult to access commercial loans,” said Lisa Ranglin, Rhode Island Black Business Association president. more
Federal Reserve Bank of Boston President Eric Rosengren said encouraging U.S. economic data coupled with emerging signs of risk taking by some investors make it appropriate for the central bank to consider raising interest rates as soon as next month, while moving gradually thereafter. more
Rhode Islanders are largely divided on whether the state should assess a toll on large trucks to pay to fix the state’s roads and bridges, although the opposition is more certain than those in favor. more
(Updated, 5:55 p.m.) In an inaugural study of Rhode Island’s clean-energy industry, the state is recommending a number of steps be taken to help further expand the sector. more
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