Updated May 27 at 2:27pm
Capital Goods
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Rhode Island ranked 49th – or third from the bottom – for losing 800 construction jobs in April compared with April 2014, according to a ranking of the states and the District of Columbia by the Associated General Contractors of America based on U.S. Bureau of Labor Statistics data. more
Gov. Gina M. Raimondo is proposing to introduce highway tolls for large commercial vehicles to finance repairs and improvements to the state’s bridges and transportation system. more
FarSounder Inc. has received a 2015 Tibbetts Award from the U.S. Small Business Administration. more
Gasoline prices increased 4 cents in Rhode Island, and 3 cents in Massachusetts, from last week, according to AAA Northeast. more
Orders for capital equipment rose in April for a second straight month, a sign U.S. business investment could pick up in the second half of the year. more
Hope Global has received a $1.5 million federal grant to help improve its efforts to guard against damaging floods, including raising critical equipment above flood heights. more
(Updated 10:56 a.m.) Nortek Inc. is looking for a new chief financial officer. Almon C. Hall announced this week that he will retire from the company. more
Passenger traffic at T.F. Green Airport in April increased seven-tenths of a percentage point to 307,668 passengers, the R.I. Airport Corp. reported Thursday. more
Village on the Waterfront LLC will initiate its construction phases with retail paired with apartments, rather than condos. The decision was informed by market studies over the past 18 months that show a strong demand for rentals, rather than condos, in the Providence area. more
Senior associate at Union Studio Architecture & Community Design discusses the importance of the “Passive House” certification. more
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