Updated April 24 at 4:45pm
Economic Activity
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Rhode Island woke up on New Year’s Day 2015 with a groaning hangover from years of wallowing in bad economic news. Standing by the bedside was an energetic, dark-haired woman holding a spoon and big, old-fashioned medicine bottle. How bad would it taste? 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
(Updated, 3:44 p.m.) The state Public Utilities Commission on Tuesday unanimously approved a proposed electricity rate increase, which will be divvied up as a monthly rate hike throughout the year for residential customers, while a 10 percent deferral is slated for commercial customers. more
FM Global has pledged $1 million to support construction of the University of Rhode Island’s proposed College of Engineering facility, a plan for which funding is included on the Nov. 4 ballot. more
A miniature park near the Brown Bookstore on Thayer Street and wider sidewalks are among the improvements slated for the area over the next six months, according to the city, Brown University and two neighborhood management groups. more
It’s back to square one for Rhode Island’s redevelopment of the former Shooters nightclub property in Providence. The R.I. Department of Environmental Management officially broke off talks May 1 with Bowl Arts LLC, the community group that had been hoping to build a concert and performing arts venue on the site. more
The R.I. Commerce Corporation released an action report earlier this week outlining specific economic development initiatives designed to improve Rhode Island’s business climate, create jobs and lower unemployment. The report, “Actions for Economic Development in Rhode Island,” advocated building on Rhode Island’s native economic advantages. more
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign the labor market continues to gain traction. more
A zoning change paving the way for construction of a 17-story hotel and apartment tower on Federal Hill may be wiped off the map even faster than it was granted. more
An index of Rhode Island’s leading economic indicators increased 0.6 percent in August over July to 128.3. more
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