Economic Development
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The R.I. Historical Preservation and Heritage Commission has awarded eight grants totaling roughly $54,500 to eight local historic preservation programs, the commission announced Friday. more
Workers in Rhode Island’s three most-frequently employed occupation groups earn less than needed to afford the average two-bedroom apartment in the Ocean State, according to HousingWorks RI’s spring affordable housing report. more
More than 100 Rhode Island residents, business owners, state officials, local planners and lawmakers gathered at the Statehouse on Thursday night to kick off RhodeMap RI, a year-long project to create statewide economic development and housing plans that link with strategies for future development, transportation, land use and the environment. more
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
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
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, a program of The Providence Plan, was named the 2013 winner of the Governor’s Workforce Board’s Innovation Award. more
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
Plans to turn a former chocolate factory in Mansfield into condominiums have been halted after local voters Tuesday rejected an article that would have rezoned the building for residential use, reported Attleboro’s Sun Chronicle. more
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
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