Posts Tagged with “Economy”

Indicators show R.I. stalled, no relief soon

August 17th, 2012

The Providence Journal reports that economic growth in Rhode Island slowed down over the first half of 2012 and the rate is expected to remain sluggish in the next quarter, according to the latest report by Bryant University and the Rhode Island Public Expenditure Council.

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R.I. Current Economic Indicator for Q2: Growth slowed significantly

August 14th, 2012

PROVIDENCE, R.I.  - The Rhode Island Current Economic Indicator (CEI) for the second quarter of 2012 indicates Rhode Island's economic growth slowed significantly over the first half of 2012.  The leading CEI indicates that, at least in the short term, Rhode Island's economic difficulties will continue.

According to a briefing released today by Bryant University and the Rhode Island Public Expenditure Council (RIPEC), the CEI for the second quarter of 2012 increased by just 0.4 percent (annualized), only slightly higher than the 0.3 percent growth rate the quarter prior (revised downward from 0.95 percent).  The CEI for the third quarter projects continued lackluster growth of 0.5 percent.

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Fighting flight of jobs overseas

July 7th, 2012

Raymond W. Fogarty, director of the Chafee Center for International Business at Bryant University, tells the Providence Business News that American jobs once shipped overseas are now returning to Rhode Island because local companies are now able to better compete with their foreign counterparts with improved, cheaper products.

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R.I. economic recovery lagging behind neighbors, economists’ research shows

May 31st, 2012

An economic report prepared by Asst. Prof. Edinaldo Tebaldi and URI collaborator Prof. Edward Mazze indicates that Rhode Island will not recover as quickly as its New England neighbors due, in part, to the absence of an educated and skilled work force.

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Institute for Public Leadership identifies nine guidelines to help public, private sector rebuild R.I. economy

May 23rd, 2012

SMITHFIELD, R.I.  — The Bryant Institute for Public Leadership today released nine leadership guidelines that offer Rhode Island a clear vision of public leadership and how it can operate.

The guidelines cover the areas of fiscal and management leadership, strategic problem-solving leadership, organizational leadership and ethical leadership. They were developed by the Institute, which since its 2010 inception at Bryant University has provided more than 200 Rhode Island public officials with tools and skills necessary to help them be effective leaders through seminars, conferences and consulting.

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BIPL director discusses RI loan to video game company

May 16th, 2012

Sasse

In this Boston Globe article, Gary Sasse, director of Bryant University Institute for Public Leadership, offers his perspective on a loan — now in default — that was made by the state of Rhode Island to 38 Studios, a video game company.

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R.I. Current Economic Indicator suggests economic stagnation, hints at increasing risk of double-dip recession

May 10th, 2012

SMITHFIELD, R.I.  - With very slow rates of economic growth, the state economy has been stuck since the first quarter of 2011, according to the Rhode Island Current Economic Indicator (CEI).

According to a briefing released today by Bryant University's Center for Global and Regional Economic Studies and the Rhode Island Public Expenditure Council (RIPEC), the CEI for the first quarter of 2012 increased 1 percent (annualized rate).

"The indicator signifies that Rhode Island's economy is stagnating, and that growth is predominantly the result of external factors, which are also showing signs of slowing," said John Simmons, executive director of RIPEC. "While there are some positive signs, the question is whether the economic conditions in the state will continue to improve, and at what rate."

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Arts districts and arts communities benefit R.I. economy, Bryant economist says

May 7th, 2012

Encouraging growth of arts districts and arts communities is a smart move for R.I., Bryant economist Edinaldo Tebaldi tells the Providence Journal. The amount of money needed to create jobs in the arts "is actually significantly smaller than what we need on average in some other sectors," he says, adding that the arts has an "economic multiplier effect."

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Are all public sector jobs created equal? BIPL director offers his perspective

April 19th, 2012

Does the loss of jobs in the public sector pose an obstacle to economic recovery? In this FoxBusiness.com article, Gary Sasse, director of the Bryant Institute for Public Leadership, offers three arguments in favor of slashing public payrolls where necessary.

R.I. unemployment rate for 2011 worse than reported

February 29th, 2012

A recently revised report on the state's 2011 unemployment rate painted a worse-than-reported picture of Rhode Island's economy. Edinaldo Tebaldi, assistant professor of economics and an expert on Rhode Island's economy, tells the Associated Press that recovery is "not an issue of quarters or months, it's years." Rhode Island's recovery "has failed to get traction, to get momentum."

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