Updated April 30 at 11:25am
Economic Activity
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Gasoline prices in Rhode Island fell for the 12th consecutive week, dropping another 4 cents, to $1.77 per gallon for self-serve, regular unleaded, AAA Northeast said Monday. more
Passenger traffic at T.F. Green Airport rose 3.9 percent in January, to 253,488, which is 9,594 more passengers than last January, the R.I. Airport Corporation reported Thursday. more
Sixteen Rhode Island cities and towns have applied for state financing for energy efficiency or renewable energy upgrades, through the Rhode Island Infrastructure Bank, the agency announced on Thursday. more
Providence has proposed two standardized tax incentive programs for development in the Interstate 195 corridor, including one that would defer full taxes for projects of at least $10 million for 13 years. more
The Rhode Island Public Expenditure Council has released its take on Gov. Gina M. Raimondo’s proposed fiscal 2016 budget, and said that expected surplus funds can be utilized to improve the state’s economic climate and enhance its economic development. more
New residential construction in the U.S.surged in April to the highest level in more than seven years, indicating the industry regained its footing after the soft patch at the beginning of the year. more
Rhode Island was among the top 10 states for home price improvement in May with a 1.6 percent increase compared with April, according to Black Knight Financial Services’ home price index report. more
Rhode Island ranked 35th in the nation for an 8.9 percent decline in exports through the first 10 months of 2015 compared with the same period last year, according to e-forecasting.com. more
Rhode Island ranks among the bottom 10 states for tax friendliness, coming in sixth-worst, according to the Tax Foundation’s State Business Tax Climate Index. more
Businesses in New England’s First District have a generally positive outlook, as they continue to report rising revenue, and they expect that to persist, according to the Beige Book, the Federal Reserve’s report on economic data, released Wednesday. more
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