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After ending 2012 with a 10 percent year-over-year increase in construction spending, spending is expected to grow more than 7 percent in 2013; the Gilbane Building Co. said in its spring 2013 edition of its annual construction-industry economic report. more
Although it is the final week of the “Wickford Wintertime Wednesdays” promotion that offered commuters free commuter rail service from Wickford to Providence, Gov. Lincoln D. Chafee and the R.I. Department of Transportation are reminding commuters that free parking at Wickford Junction will continue until the end of March. more
At a board meeting at 8:30 Wednesday morning, the R.I. Turnpike and Bridge Authority voted unanimously to charge tolls on the new Sakonnet River Bridge and approved increased tolls on the Pell Bridge. more
Rhode Island’s gasoline prices continued to rise this week, jumping 3 cents to $3.83 per gallon in the fifth consecutive week of price increases, AAA Southern New England said Monday. more
Despite taking a $6.4 million pre-tax loss from the retirement of debt, Nortek Inc., the maker of residential and commercial building products, posted net income of $9.5 million in 2012, reversing its loss of $55.9 million in the previous year. more
Manufacturing grew less than forecast in March as orders and production cooled, highlighting the risk of a U.S. economic slowdown this quarter as federal budget cuts take effect. more
Hope Valley Industries, a North Kingstown supplier of automotive floor mats, has been recognized as a 2012 Supplier of the Year by General Motors. more
Orders placed with U.S. factories increased in February, boosted by a pickup in demand for motor vehicles and commercial aircraft. more
This is the last week of the free wintertime parking promotion at the commuter rail stations in Warwick and North Kingstown, Gov. Lincoln D. Chafee and the R.I. Department of Transportation are reminding commuters. more
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
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