Economic Development
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Report: Despite growth, R.I. recovery ‘still lags’
Even though Rhode Island has gained some economic strength in 2013, the Ocean State “still lags behind other states in New England when looking at major economic indicators such as growth of the gross state product and the unemployment rate,” according to the spring 2013 New England Economic Outlook report from the New England Economic Partnership. more
| 5/22/13
Bernanke says premature Fed tightening would endanger recovery
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery. more
Valois confirmed as RIEDC leader
Marcel A. Valois, Gov. Lincoln D. Chafee’s nominee to lead the Rhode Island Economic Development Corporation, was unanimously confirmed by the Rhode Island Senate Tuesday. more
Building Futures wins Workforce Board’s innovation award
Building Futures, a program of The Providence Plan, was named the 2013 winner of the Governor’s Workforce Board’s Innovation Award. more
| 5/21/13
Historic tax credits: economic opportunity for R.I.
As the 2013 legislative session heads toward its closing date, Rhode Island has a great economic opportunity within its grasp. Passage of a carefully constructed historic-tax-credit program would kick-start jobs, revitalize neighborhood economies and help get us back in business. more
Guest Column:
Valerie Talmage and Scott Wolf | 5/20/13
R.I. has stake in F-35 Lightning program
Elected officials and others representing the region’s defense industry recently crowded around the cockpit of Lockheed Martin’s F-35 Lightning II, waiting their turns to hop in the pilot’s seat, taxi the fighter jet down the runway and launch into the skies on a government mission – all without leaving the confines of the R.I. Department of Administration building, that is. more

By Lindsay Lorenz
PBN Researcher | 5/20/13

Businesses share some ‘aha’ moments in The Garage
“It was one of those funny moments,” recalled Davide Dukcevich, one of the third generation of family members to lead Burrilville-based Daniele Inc., producers of gourmet charcuterie, or cured meat products. more

By Rhonda Miller
PBN Staff Writer | 5/20/13

Tax break for manufacturers designed to spur hiring
Though diminished in size, manufacturing still exhibits a strong presence in the regional economy and in the job-growth policies of political leaders. more

By Patrick Anderson
PBN Staff Writer | 5/20/13

Proposals emerge for I-195 land
Addressed one at a time, the 17 buildable parcels uncovered by the relocation of Interstate 195 in Providence will likely take many years to develop. more

By Patrick Anderson
PBN Staff Writer | 5/20/13

CVS’ Merlo helps
kick off The Garage
CVS Caremark Corp. President and CEO Larry Merlo on Tuesday told an audience of about 500 business, government and organizational leaders that success begins with an innovative idea. more
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