economy

Politics
8:23 am
Fri March 8, 2013

The Political Roundtable: Woonsocket's Finances & the Gov's Tax Plan

The fight for fiscal stability in Woonsocket and mixed news on Rhode Island's economy. That’s part of the discussion this week on Political Roundtable with guest Woonsocket City Council President John Ward.

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On Politics
4:00 am
Fri March 1, 2013

Bonus Q+A: Kaplan says RI Needs to Turn its Size Into An Asset

Saul Kaplan, head of the Business Innovation Factory, says Rhode Island has the necessary assets for a thriving economy. Part of the challenge, he says, is transforming the state's small size from an obstacle into a benefit.

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RI Economy
8:27 am
Wed February 27, 2013

Economic Expert says Rhode Islanders Need to Grab Control of Their Own Fate

It’s up to business leaders and other people in Rhode Island, not just lawmakers, to help save the state’s economy.

That’s what economic expert Bruce Katz of the Brookings Institution told a lunch gathering of more than 200 people in Providence Tuesday.

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Politics
3:52 pm
Wed February 20, 2013

Gov. Chafee: RI Taking a Methodical Approach to Improving the Economy

Credit RIPR file / RIPR

Gov. Lincoln Chafee says the findings in a new report are part of the process of improving Rhode Island’s economy.

The report centers on the state’s business climate and found Rhode Island has made some progress in cutting taxes but they’re still perceived as being a potential roadblock to attracting new business. It also found gaps in funding for start ups.

Chafee says the process is part of what he calls a methodical approach his administration is using to target a better economy.

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RI News
4:05 pm
Wed February 13, 2013

URI index shows RI economy getting its mojo back

A University of Rhode Island economist is out with his monthly index of economic indicators. And it shows the state has economic momentum unmatched since 2003.

Professor Leonard Lardaro’s “Current Conditions Index” hit 92 in December, the highest mark in eight years.  All but one of 12 economic indicators showed growth; the lone exception being government which is scaling back hiring as services are consolidated.

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Scott MacKay Commentary
10:44 am
Mon February 11, 2013

Time to change our attitude in RI

Another week passes with the usual talk from the Rhode Island political and business elite on economic development. RIPR political  analyst Scott MacKay says its time for some changes in the way Rhode Islanders view our state and ourselves.

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Education
12:18 pm
Tue January 15, 2013

Higher ed in RI will research policies to jump-start economy

(PROVIDENCE, RI) Ten Rhode Island colleges and universities are teaming up to help the state out of its economic doldrums.

Gov. Lincoln Chafee has announced the formation of the “Rhode Island Higher Education Research Collaborative.”  Its mission: to provide nonpartisan data that will help state leaders develop sustainable economic policies.

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Business
9:26 am
Tue January 15, 2013

Report looks at RI business climate

(PROVIDENCE, RI) A report examining why Rhode Island’s business climate ranks poorly in national surveys is slated to be released Tuesday.

Rhode Island has repeatedly placed near the bottom in some national surveys on the business friendliness of different states. The new study – entitled “Moving the Needle” – was produced by the state Senate and the business-backed Rhode Island Public Expenditure Council.

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Politics
11:28 am
Wed January 2, 2013

General Assembly outlines priorities

(PROVIDENCE, RI) House Speaker Gordon Fox says the time has come for the state Senate to pass a same-sex marriage bill.

Fox, who is openly gay, was joined by his partner as he received the oath of office Tuesday for another term as House speaker.

Fox says Senate President Teresa Paiva Weed hasn’t given him any assurances about the fate of same-sex marriage bill. He says he hopes this is the year for the legislation to move forward.

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RI Economy
9:48 am
Tue January 1, 2013

Pay raise for RI minimum wage workers

(PROVIDENCE, RI)
Minimum wage workers in Rhode Island are getting a pay raise Tuesday. The state’s minimum wage is going up for the first time in five years.

Legislation raising the minimum wage in Rhode Island goes back to 1956, when it was $0.90 an hour. State labor numbers find about 10,000 Rhode Islanders earn the minimum wage, and will get a bump in their next pay check. Sydonia  Lary works two hourly wage jobs in Providence. She’s pleased the state’s minimum wage is going up.

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