Capital Goods
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Gas prices dropped another 2 cents in Rhode Island this week while Massachusetts prices were unchanged, according to the weekly survey by AAA Southern New England. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. more
The Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin Corp. in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. more
Rhode Island exports declined 7.1 percent in April compared with the previous month but increased 10.5 percent on a year-over-year basis, according to an e-forecasting.com report released June 17. more
The Providence-Fall River-Warwick metro area added no construction jobs between March 2013 and March 2014, ranking the state at No. 198 among the 339 metro areas nationwide in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released April 28. more
Gas prices rose a penny in Rhode Island and remained unchanged in Massachusetts this week, while the national average dropped for the first time in months, according to the weekly survey by AAA Southern New England. more
Gas prices fell in Rhode Island and Massachusetts this week, ending five consecutive weeks of climbing or unchanged gasoline prices in the two states, according to the weekly survey by AAA Southern New England. more
East Greenwich entrepreneur and manufacturing industry veteran Barry Golden has purchased Gurney Engineering Corp., a 59-year-old commercial water-treatment company headquartered in Massachusetts, for an undisclosed sum. more
As concerns about the impact of unrest in Iraq on the country’s oil production have abated, gas prices dropped another 4 cents this week in Rhode Island and fell 5 cents in Massachusetts, according to the weekly survey by AAA Southern New England. more
Rhode Island’s manufacturing industry received poor marks relative to others in the U.S. in the 2014 Manufacturing and Logistics Report released on June 11 by Ball State University’s Center for Business and Economic Research. more
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