Economic Development
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Exporters to gain from Russian trade legislation
Rhode Island exporters stand to gain from a growing Russian market, according to Business Roundtable. more
| 7/12/12
Woonsocket lands $50K NEA grant
The National Endowment for the Arts is awarding a $50,000 “Our Town” grant to Woonsocket to help boost the city’s Main Street and Arts District and bolster economic development and education through the arts, U.S. Sen. Jack Reed announced late Wednesday. more
R.I. lost 7% of jobs since recession
Rhode Island has lost 7.42 percent of its jobs since 2007, according to U.S. Bureau of Labor Statistics data analyzed by the Business Journals. more
| 7/11/12
I-195 Redevelopment Commission delays Dyer St. land sale
The Interstate 195 Redevelopment District Commission delayed action Monday night on a proposed sale of a slice of Dyer Street land to Brown University in order to gather more information about the transaction. more
Leading economic indicators continue rise in May
An index of Rhode Island’s leading economic indicators - published by Providence Business News and e-forecasting.com - rose 0.2 percent in May. more
| 7/9/12
Westminster Street parking lot opens
The empty lot created by the demolition of the former Providence National Bank in the Financial District in anticipation of a condominium tower that never materialized has opened as a parking lot. more
| 7/6/12
Report: R.I. bioscience sector shows job growth since 2001
According to the Battelle/Bio State Bioscience Industry Development Report, Rhode Island’s bioscience sector grew 44.3 percent from 2001 to 2010. more
Providence area GDP drops from ’06 to ’11
The real gross domestic product for the Providence metro area averaged $58.5 billion – in 2005 dollars – during the first quarter of 2011 compared with $61.8 billion five years earlier, according to a report from e-forecasting.com. more
| 7/3/12
Public comment solicited for wind power plans
Secretary of the Interior Ken Salazar announced the completion of a critical environmental assessment today, advancing plans for offshore wind development in the Ocean State. more
U.S. economy grew 1.9% in 1Q on consumer spending
The U.S. economy grew 1.9 percent in the first quarter, reflecting a gain in consumer spending that now shows signs of cooling as the labor market weakens. more
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