Capital Goods
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Rhode Islanders planning to travel through Boston this holiday weekend might think about taking another route. INRIX, a provider of traffic information, predicts that Boston will claim the fifth spot for the worst cities for weekend road-trippers during the Labor Day weekend. more
Rhode Island’s gasoline prices rose 4 cents this week, marking the fourth consecutive week of price hikes at the pump, according to AAA Southern New England. more
Rhode Island merchandise exports increased 9 percent during the first half of 2012 compared with the same period in 2011, growing from $1.1 billion to $1.2 billion, according to data released by the International Trade Administration. more
Residential and commercial ventilation maker Nortek Inc. has formed Core Brands, a new group that combines the product and marketing capabilities of 10 formerly independent audio, power management and control brands operating within the company’s technology solutions segment. more
The MBTA price increase is unlikely to affect ridership, according to an analysis by Price Intelligently, a Boston-based start-up, published on Friday. more
Fort Worth, Texas-based Bell Helicopter, a subsidiary of Textron Inc., was ranked number one in product support by Aviation International News’ 2012 Product Support Survey, Textron announced Friday. more
Workers in the Northeast groundfishery die at a rate of 600 fatalities per 100,000 full-time employees, making it the deadliest fisheries job in the country, WBUR reported. more
AAA Southern New England projects a 2.9 percent increase in Labor Day travel. The trade group estimates that 33 million U.S. residents will travel 50 miles or more from their home during the Labor Day holiday period between Thursday, Aug. 30, and Monday, Sept. 3. more
Ethanol, the best-performing energy commodity this year, is cheaper than gasoline, encouraging refiners to use the biofuel even if President Barack Obama’s administration ends a requirement to do so. more
Profit for Astro-Med Inc. dropped 5.6 percent to $987,000, or 13 cents per diluted share, during the second quarter of 2012, compared with $1.05 million, or 14 cents per diluted share, during the second quarter of 2011. more
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