Updated July 23 at 5:26am
Economic Activity
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(Updated 12:50 p.m.) Rhode Island is one of several states facing “muted revenue growth” in 2016, Moody’s Investors Service said Friday in its report “States – US: State Tax Revenues Still Growing, but at a Slower Pace.” more
Massachusetts, according to the latest economic report by MassBenchmarks, is “experiencing good economic fortunes in an environment characterized by worrisome global conditions.” more
More than 1.7 million New Englanders, the most since 2005, are expected to travel during Memorial Day weekend, according to AAA Northeast. more
(Updated 12:41 p.m.) Passenger traffic at T.F. Green Airport rose 3.1 percent in April to 317,271, the R.I. Airport Corp. said Thursday. more
After a decade-long fundraising effort and countless volunteer hours, the U.S. Navy Seabees announced the new Museum and Memorial Park on Iafrate Way in Davisville will open to the public at a ribbon cutting ceremony on Friday from 10 a.m. to 1 p.m. more
Filings for U.S. unemployment benefits declined last week from a more than one-year high, as a plunge in New York returned claims to a level consistent with a firm labor market. more
Paolino Properties has purchased the historic Tilden-Thurber building in downtown Providence, with a plan to rehab the building as retail and office space. It was built in 1895. 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
Cash sales of homes fell 9.6 percentage points to 22.7 percent of all sales in the Providence-Warwick-Fall River metropolitan area in February compared with February 2015, CoreLogic said Thursday. more
What happens when your house is featured in The New York Times Sunday real estate section? A quick sale, that’s what. more
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