Economic Activity
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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. Small Business Administration will partner with the city of Central Falls and Navigant Credit Union to provide free training aimed at helping small businesses explore federal government contracting opportunities. more
Massachusetts income tax collections have met or exceeded four of five revenue benchmarks required to drop the state’s income tax rate to 5.2 percent from its current 5.25 percent, the Boston Business Journal reported Tuesday. more
U.S. Treasury Secretary Jacob J. Lew urged Congress to raise the debt limit well in advance of a February deadline, calling an increase necessary to preserve the nation’s promise to its creditors. more
The rate of increase for the New England employment cost index declined in the three-month period ended September 2013, according to a U.S. Bureau of Labor Statistics report issued Tuesday. more
The Rhode Island Public Expenditure Council set its agenda for the next two years at its annual meeting, held Monday evening at the R.I. Convention Center. more
The Greater New Bedford Industrial Foundation celebrated the completion last week of Flaherty Drive, an 800-foot extension of New Bedford Business Park. more
The Interstate-195 Redevelopment District Commission is rebranding the 40 acres of former highway land under its control as “The Link,” the independent state board said Monday. more
(Updated, 6 p.m.) Volvo Ocean Race CEO Knut Frostad will discuss “radical changes” to the global sailing event set to stop here in May 2015 at a press conference Tuesday, in conjunction with a three-day workshop for port officials planning to host the stopovers. more
Confidence among U.S. homebuilders held in November at a four-month low as buyer traffic and sales outlooks retreated. more
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