Economic Indicators
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Ocean State worst for business, again
Rhode Island was ranked the worst state for business in the U.S. for the second year in a row on CNBC’s America’s Top State for Business 2012 report. more
| 7/11/12 | 3 comments
Report: R.I. must match skills to jobs
In order to turn around the economy, Rhode Island must reduce the overall cost of doing business, change public perception about the unfriendliness of its business climate and face the mismatch of talent with job needs, according to a report from the New England Economic Partnership. more
Report: Minimum wage bump will cost 200 jobs
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
| 6/18/12 | 2 comments
Will aid revive R.I. fishery?
Ever-wary local fishermen welcome the Sept. 13 U.S. Department of Commerce declaration of the New England groundfish fishery as a national disaster, but they wonder if any federal money that follows to Rhode Island will get to those who need it before it’s too late. more

By Michael Souza
PBN Staff Writer | 9/24/12 | 2 comments

R.I. exports rise 9.1% in November
Exports from the Ocean State rose 9.1 percent in November to $195.9 million on a month-to-month, seasonally adjusted basis after rising 1.4 percent in October, according to an international trade statistics report from e-forecasting.com. more
| 2/1/13 | 1 comment
R.I. jobless rate falls to 9.1%, lowest since Nov. 2008
Rhode Island’s unemployment rate fell to 9.1 percent in March, the lowest unemployment rate for the Ocean State since November 2008, the R.I. Department of Labor and Training announced Thursday. more
| 4/18/13 | 1 comment
Unemployed burn as Fed fiddles on natural rate debate
Federal Reserve officials and economic advisers are debating far-reaching differences on whether to accept a jobless rate that doesn’t fall much below 6.5 percent or act more more aggressively to reduce it to 5 percent or less. more
Fitch affirms RIAC bonds as ‘A-’ but ‘outlook negative’
The R.I. Airport Corporation's $261 million in general airport revenue bonds were labeled “A-” and given a negative outlook by Fitch Ratings. more
| 5/25/12 | 1 comment
R.I. receives failing grades on manufacturing and logistics report
Rhode Island received more than one failing grade in the 2012 Manufacturing and Logistics National Report from Ball State University’s Center for Business and Economic Research. more
R.I. unemployment rate drops to 10.9%
The state’s unemployment rate dropped to 10.9 percent in June, according to the Rhode Island Department of Labor and Training. more
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