Economic Activity
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The Rhode Island Foundation has awarded $630,000 to 12 action-oriented projects in the Make It Happen RI initiative. The foundation identified projects that had visionary goals, from connecting manufacturers to expand the in-state supply chain to pushing the spectrum of Ocean State architects and other designers more broadly into the global marketplace. more
The South County Tourism Council was recognized Monday by the North American Travel Journalists Association for travel reporting “excellence” in its publication, the South County Style Guide. The guide won first place for working under a marketing budget of $400,000 or less. more
Consumer sentiment climbed last week and U.S. companies added more workers than projected in December, showing the world’s largest economy picked up even as lawmakers were embroiled in budget disputes. more
Unemployment rates were lower in October in 329 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to non-seasonally adjusted data from U.S. Bureau of Labor Statistics. more
Gasoline fell on concern that the White House and congressional Republicans are far apart in budget negotiations and on speculation supplies rose last week. more
PBN: What are the three biggest issues here in Rhode Island that you will be able to work on when you are in Congress? more
Retail sales in the U.S. rose more than projected in September, reflecting broad-based gains that indicate household spending helped bolster economic growth last quarter. more
The owner of the Industrial Trust Tower in downtown Providence is asking for up to $75 million in public financing to transform the historic office building into apartments. more
Online advertised vacancies in the Providence metropolitan area fell 16,000 to 23,700 month over month from September to October, according to The Conference Board Help Wanted OnLine data aeries, released Wednesday. more
When Thomas Mann Jr. announced earlier this month that he was relinquishing his post as executive director at The Pawtucket Foundation, it coincided with the nonprofit’s release of a market analysis for the Pawtucket-Central Falls River Corridor real estate marketability. more
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