Economic Activity
919 results total, viewing 171 - 180
At the Port of Davisville in North Kingstown, 250,000 cars will arrive by ship, rail and truck from major auto manufacturers this year, making it one of the nation’s top unloading spots for auto imports. more
Getra S.p.A., a global energy company outside Naples, Italy, that builds electrical transformers, is looking for distribution and warehouse facilities in the Northeast. Rhode Island officials think they have what the company needs at ports in Providence and North Kingstown and made a pitch for the business during a recent trade mission to Italy and Ireland. more
Rhode Island’s unemployment rate remained the highest in the country in April despite a drop to 8.3 percent, the U.S. Bureau of Labor Statistics reported Friday. more
Treasury 30-year bonds extended their rally this year to 13 percent as Europe’s economic growth lags behind expectations and central bankers around the world make the case for keeping interest rates low. more
The city has reached an agreement with the developer of the proposed South Street Landing project on three property tax stabilization deals that would generate $9.9 million in tax revenue over 15 years, Mayor Angel Taveras said Thursday. more
The Federal Aviation Administration has approved a $20.85 million grant to T.F. Green Airport for the next phase of its ongoing runway relocation project, U.S. Sen. Jack Reed announced Thursday. more
(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
The R.I. Department of Revenue collected $20.7 million less than expected in April, resulting in a 6 percent monthly total general revenue shortfall compared with the state’s original revenue projections, the department reported Thursday. more
(Updated, 12:06 p.m.) Gov. Lincoln D. Chafee formally approved a new apprenticeship program for computer numerical control operators at the annual meeting of the Governor's Workforce Board at the Crowne Plaza Providence-Warwick hotel Thursday morning. more
The Northeast regionally Consumer Price Index rose 1.6 percent on a non-seasonally adjusted basis during the 12 months ended in April, a less significant increase than the 2 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
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