economy

Economy
9:28 am
Mon November 19, 2012

The need for food rising in RI

PROVIDENCE, RI – The Rhode Island Community Food Bank is out with its annual hunger report. Rhode Island now outranks Maine for having the highest level of food insecurity in New England.

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Economy
9:15 am
Wed October 17, 2012

Federal money for airport improvements

PROVIDENCE, RI – An infusion of 110 million in federal dollars will help to extend the main runway at T.F. Green Airport over the next five years. The money will also pay to mitigate noise and improve safety standards at the airport.

Senator Jack Reed was joined by local and state officials in announcing the availability of the money. Reed calls it an important step for improving one of the state's big economic generators.

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Economy
9:31 am
Tue October 16, 2012

RI Foundation fronts $1M to Make It Happen

PROVIDENCE, RI – The Rhode Island Foundation has rolled out a list of projects it would like to see worked on as part of its Make It Happen initiative. Hundreds of leaders in business, health care, the arts and other industry brain stormed for two days last month on ways to turn around the state's economy.

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Economy
5:50 am
Tue October 2, 2012

RI and MA gas prices still relatively high

Gas prices continue to climb
Photo: RIPR file

PROVIDENCE, RI – Gasoline prices are up in both Rhode Island and Massachusetts; although the prices are slightly better in Massachusetts.

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Economy
6:08 pm
Fri September 21, 2012

Hundreds of needy veterans at Operation Stand Down

PROVIDENCE, RI – Some 500 veterans are expected to converge on to Diamond Hill Park in Cumberland this weekend for Operation Stand Down. The camp gives at-risk veterans a chance to tap into some much-needed services.

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Economy
8:22 am
Fri September 21, 2012

Unemployment numbers improve slightly

Economy
6:29 am
Thu September 20, 2012

RI ponders creating more affordable housing

Affordable housing in Pawtucket
Photo by: Flo Jonic

PROVIDENCE, RI – State Treasurer Gina Raimondo is lending her support to ballot question 7, which would allow the state to borrow 25 million dollars for affordable housing. The funds would be matched five fold in grants and donations from other sources.

Backers of the measure feel confident it will pass.

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Economy
7:26 am
Mon September 17, 2012

Lardaro: "What a bizarre situation RI finds itself in"

Help Wanted sign
Photo: RIPR file

PROVIDENCE, RI – University of Rhode Island Professor of Economics Leonard Lardaro has released his monthly report on the state's economy. Lardaro says the July numbers show both good news and bad news.

"What a bizarre situation Rhode Island finds itself in the acceleration in activity that everyone here had been so eagerly awaiting has already occurred and is in the process of disappearing!" Those are the words used by Professor Lardaro in summarizing the start of the third quarter.

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Economy
8:56 am
Fri September 14, 2012

Central Falls gets high financial praise

PROVIDENCE, RI – Moody's is taking a shine to Central Falls' plan to dig itself out of bankruptcy. The bond rating agency released a report that applauds the city's five-year plan.

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Economy
9:11 am
Tue August 21, 2012

Rhode Island housing market showing some good signs

Providence city condo skyline
Photo: RIPR file

PROVIDENCE, RI – The data is mixed on Rhode Island home sales, but the news is mostly good for single home sales.

The Rhode Island Association of Realtors reports that home sales were 22 percent higher in July over the same month last year. In addition although the median price was down, it was down just 1 percent. The Association says this means prices are beginning to stabilize.

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