Updated June 29 at 8:37pm
Economic Activity
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The R.I. Department of Transportation and Amtrak on Monday announced the start of a $41 million South County train track and station enhancement project aimed at benefiting train operations in the Northeast and long-term transit planning for the state. more
Gasoline prices in Rhode Island and Massachusetts dropped 2 cents from last week, according to AAA Northeast. more
Contracts to purchase previously owned U.S. homes rose in May to a nine-year high, indicating recent strength in the real-estate industry will be sustained. more
A new “buy local” campaign, dubbed “Indie Week,” runs Wednesday through July 7, providing special discounts from participating businesses. more
Rhode Island’s economic growth failed to meet expectations in the first quarter, posting a gain of 1.5 percent, according to the Rhode Island Current Economic Indicator briefing released Monday by the Center for Global and Regional Economic Studies and the Rhode Island Public Expenditure Council. more
Rhode Island ranked 12th among the states for its 2.1 percent year-over-year export growth in the first four months of the year, according to e-forecasting.com. more
Rhode Island’s rate of foreclosure starts in the first quarter was highest in New England and fifth highest in the nation, according to HousingWorks RI. more
The Rhode Island Mall has been sold to a Baltimore company with a history of revamping distressed retail properties. more
Consumer confidence climbed in June to a five-month high as an improving job market boosted Americans’ attitudes about the world’s largest economy. more
A total of $1.7 million in Incumbent Worker Training Grants are available for fiscal 2016 on a rolling basis, according to the Governor’s Workforce Board. more
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