Updated May 21 at 5:01pm
Economic Activity
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(Updated 4:19 p.m.) Rhode Island’s seasonally adjusted unemployment rate dipped to 6.3 percent for March, a one-tenth of a percentage point drop from a revised 6.4 percent in February, the state Department of Labor and Training reported Thursday. more
Warwick again had the lowest unemployment rate among select cities in Rhode Island at 6.1 percent in February, according to data released Thursday by the federal Bureau of Labor Statistics. more
The R.I. Convention Center Authority on Thursday announced it has restructured a portion of its debt, saving taxpayers $5.7 million in the process. more
Gov. Gina M. Raimondo said she plans to nominate Stephanie Ogidan Preston and Princess Bomba to serve on the R.I. Public Transportation Authority. more
Rhode Island ranked ninth out of all 50 states for its share of firms in the middle market, according to a new study from American Express and Dun & Bradstreet. more
Rhode Island was one of four New England states that saw sales of single-family homes increase year over year in February, according to the Federal Reserve’s latest Beige Book report on the economy. more
Fewer than 300,000 American workers filed applications for unemployment benefits for the sixth consecutive week, pointing to labor-market strength even as hiring cooled last month. more
Pawtucket Red Sox president James J. Skeffington spent the last few days making the political rounds, visiting city and state leadership to lay out the details of his plan to build a … more
Rhode Island landed in the bottom 10 for having the eighth worst taxpayer return on investment, according to the latest survey by WalletHub. more
The March rebound in U.S. retail sales was less impressive than economists forecast, signaling consumers are in no rush to spend the windfall from cheaper fuel prices. more
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