Economic Indicators
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Boutique shops build momentum
When Nora Alexander was a student at Rhode Island School of Design 10 years ago, the only things that routinely drew her and her classmates into downtown Providence were live music and “dive” bars. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

Pump prices drop 1 cent in R.I., rise 3 cents in Mass.
Rhode Island’s gasoline prices dropped 1 cent this week, marking the first drop in Ocean State pump prices since early July, according to AAA Southern New England. more
| 9/4/12
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
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
Construction jobs on the rise in Providence metro
Construction employment rose in 130 out of 337 metro areas, including the Providence-Fall River-Warwick area, dropped in 164 out of 337 metro areas, including New Bedford metro area, and stayed stagnant in 43 metro areas from August 2011 and August 2012. more
| 10/5/12
The biggest R.I. stories of 2012
It has been an exciting, if tumultuous, year in the Ocean State. As 2012 comes to a close, Providence Business News looks back on the biggest news stories of the year. more
Construction employment rises slightly in Providence metro
Construction employment rose in 125 out of 337 metro areas, including the Providence-Fall River-Warwick area, dropped in 160 out of 337 metro areas, including the New Bedford metro area, and stayed stagnant in 52 metro areas from September 2011 to September 2012, according to a report from the Associated General Contractors of America. more
| 10/31/12
Occupancy rate surpasses 80% in Providence hotels
Hotels in Providence reached an 81.4 percent occupancy rate in June, their best rate since October 2004, according to an analysis recently released by Smith Travel Research. more
R.I. takes control of Schilling’s 38 Studios assets
The R.I. Economic Development Corporation and Bank of New York Mellon Trust Co. won court approval to take possession of assets of 38 Studios LLC, the bankrupt video-game maker founded by former Boston Red Sox pitcher Curt Schilling. more
Payrolls in U.S. climb 155,000 as jobless rate holds at 7.8%
Employers added workers in December at about the same pace as the prior month, and the unemployment rate matched a four-year low, showing sustained gains in the U.S. labor market even as lawmakers were struggling to reach a budget deal. more
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