economy

Economy
7:05 am
Wed December 12, 2012

RI Fiscal Cliff: defense spending

Photo: RIPR file

PROVIDENCE, RI – All this week we're looking at what's vulnerable in Rhode Island should the U.S. government fall over the so-called "fiscal cliff" triggering spending cuts and tax hikes. While it's unclear whether lawmakers on Capitol Hill will come to an agreement before the end of the year, the defense budget is one area facing across the board cuts. There are some 12-thousand jobs in Rhode Island tied to defense contracts. Here's a look at how cuts to defense could hurt the Ocean State.

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Economy
10:03 am
Fri December 7, 2012

RI should make sure it gets good return on investments

PROVIDENCE, RI – Gary Sasse of the Hassenfeld Institute for Public Leadership at Bryant University stopped by our studio to talk about pensions, economic development and more. Here's Rhode Island Public Radio political reporter Ian Donnis.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@ripr.org

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Economy
8:43 am
Wed November 28, 2012

DOT plans hearings on Sakonnet River Bridge tolls

PROVIDENCE, RI – The Rhode Island Department of Transportation is holding a pair of meetings next week seeking input on tolls planned for the Sakonnet River Bridge. Federal funding helped pay for the new bridge and at the time of construction tolls were not an option. But now that tolls are likely, the state needs to check back with the public as part of a re-evaluation process. RIDOT will cover where transportation funding comes from, and how tolls fit into the picture.

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Economy
8:25 am
Wed November 28, 2012

Cranston planning pensions talks with retired fire and police

PROVIDENCE, RI – A group that lobbies for cities and towns is applauding talks aimed at resolving a looming pension crisis in Cranston. Cranston Mayor Allan Fung is planning to sit down with a group of retired firefighters and police officers.

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Economy
9:07 am
Fri November 23, 2012

Local store owners mark special day

PROVIDENCE, RI – Saturday is National Small Business Saturday, a day to draw attention to the importance of locally-owned businesses.

President of the North Central Rhode Island Chamber of Commerce, Deborah Ramos says this year the Chamber will offer a shuttle connecting stores in North Scituate, North Providence, and Johnston.

"The shuttle bus will loop around and make those three stops. And then also during that visit we will be making a brief stop for a small for a light lunch. All for ten dollars."

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Economy
8:48 am
Tue November 20, 2012

Busy travel weekend begins

Economy
9:29 am
Mon November 19, 2012

Varying estimates of the RI holiday shopping season

PROVIDENCE, RI – The head of the Rhode Island Retail Federation has a pessimistic view of holiday sales in the Ocean State. While the National Retail Federation is predicting a robust four percent growth in holiday sales, Paul DeRoche, director of the Rhode Island Retail Federation, expects it to be half that locally. "The economy is slow. Consumer confidence is not that great. So I think we'll have about a 1.5% to 2% growth over last year."

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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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