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Construction spending in U.S. increases on private building
Construction spending in the U.S. climbed in April, as private projects rose and public spending slumped. more
Richline Group to acquire Honora brand
Richline Group Inc., a subsidiary of Berkshire Hathaway Inc., announced an agreement in principle to acquire the Honora brand, the largest importer of freshwater cultured pearls in the United States. more
Cadence breaks ground on Cranston expansion
Medical device manufacturer Cadence Inc. broke ground Wednesday on a 34,000-square-foot expansion of its Cranston facility. more
| 5/29/13
Construction employment drops in Providence metro in April
Construction employment declined in 123 of 339 metro areas – including the Providence-Fall River-Warwick area – rose in 170 out of 339 metro areas – including the New Bedford area – and stayed stagnant in 46 metro areas from April 2012 to April 2013. more
| 5/29/13
Gas prices rise 2 cents per gallon in R.I., Mass.
Both Rhode Island and Massachusetts drivers saw gasoline prices rise 2 cents this week, the third consecutive week of increases after a nine-week decline, AAA Southern New England reported Tuesday. more
| 5/28/13
Orders for U.S. durable goods increase more than forecast
Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the second half of the year. more
Passenger trains bump along with fixes exceeding U.S. funds
U.S. investigators looking into the May 17 Connecticut commuter-rail crash haven’t yet found a clear cause. The fact a broken rail became the most immediate suspect speaks to years of deferred maintenance that have left trouble spots throughout a Washington-Boston network that carries more than 700,000 people a day and dates to the 1800s. more
Exports from R.I. fall 5.1% in March
Exports from the Ocean State fell 5.1 percent in March to $183.1 million on a month-to-month, seasonally adjusted basis after falling 15.3 percent in February, according to an international trade statistics report from e-forecasting.com. more
| 5/23/13
Astro-Med posts loss in 1Q on replacement charges
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted a net loss of $449,000, or 6 cents per diluted share, during the first quarter of its 2014 fiscal year. more
| 5/22/13
Memorial Day travel to drop slightly, says AAA
AAA Southern New England projects a 0.9 percent decrease in Memorial Day travel. The trade group estimates that 34.8 million U.S. residents will travel 50 miles or more from their home during the Memorial Day holiday period between Thursday, May 23, and Monday, May 27. more
| 5/22/13
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