Economic Activity
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Lin TV Corp. saw its bottom line drop even as revenue continued to rise during the second quarter of 2013, the company reported Tuesday. more
The U.S. Bureau of Ocean Energy Management will auction off leases for offshore wind energy projects on July 31, with Providence-based Deepwater Wind one of nine energy companies that have qualified for the two blocks to be leased, according Executive Director of Rhode Island’s Coastal Resources Management Council Grover Fugate. more
Rhode Island exports rose $7.2 million, or 4.1 percent, in September, according to an e-forecasting.com report. The month-over-month increase, which followed a 14.1 percent increase in exports between July and August, brought Rhode Island’s total exports for September to a seasonally adjusted $181.4 million. more
The U.S. Department of Agriculture National Resources Conservation Service of Rhode Island is currently accepting preproposals for applications for conservation-innovation grants, which are designed to stimulate the development and adoption of innovative conservation approaches and technologies, the USDA announced Thursday. more
Retail sales rose in July for a fourth consecutive month, showing the U.S. economy is breaking free of the effects of higher taxes and federal budget cuts. more
Providence communities lost more than $200 million in wealth due to the foreclosure crisis in 2012, according to the “Wasted Wealth” report from the Alliance for a Just Society. more
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated. more
Manufacturing in the U.S. expanded at the fastest pace in more than two years as orders and production jumped, indicating more factories were growing optimistic about the second half of the year. more
The nonprofit environmental news source ecoRI News, which was founded in Rhode Island in 2009, is launching a sister site – ecoMass.org – in order to cover environmental and social-justice news in Massachusetts. more
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