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Demand for fuel efficiency spurs R.I. auto sales
During the first quarter of 2012, earning reports for the “Big Three” American motor companies, Ford, General Motors and Chrysler, showed that Americans are standing behind their automobile makers, and the Ocean State followed suit in the country’s rekindled love affair with the iconic, American-made automobile. more
401(k) increases signal growing consumer confidence
If you have experienced a noteworthy increase in your personal 401(k) account over the last three years, you are not alone. more
Time to tip sales scale in your favor
Every salesperson knows the job is tougher than ever. It’s not for the faint-hearted or those who feel the world owes them a living. At the same time, salespeople recognize the importance of having an extra edge, of standing out from the crowd. more
6/11/12
Chafee: State eager to aid small-business growth
At a business-community outreach forum on June 5, Gov. Lincoln D. Chafee made it clear that despite the dark cloud of 38 Studios LLC’s implosion hanging over Rhode Island, the state remains ever-ready to help small-business development. more
Ocean State not as bad off as employment data suggest
When University of Rhode Island economist Leonard Lardaro began working as a forecaster for the New England Economic Partnership in 1991, he realized the Ocean State was not getting the kind of detailed economic analysis happening elsewhere. Seeing an opportunity to fill that gap, Lardaro developed his Current Conditions Index for Rhode Island that 11 years later is relied on to provide a barometer of the state’s economic health. more
Summer vacation
The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. more
6/11/12
Utilidata open for business
Scott DePasquale, executive chairman of Utilidata and a partner with Braemar Energy Ventures, speaks during the June 5 opening of the former’s Providence headquarters. The firm provides advanced automated energy-conservation and management technology services. It moved from Spokane, Wash., after receiving venture-capital financing from Braemar and a $500,000 loan from the Rhode Island Renewable Energy Fund. The firm has created eight jobs locally and expects a total of 47 high-paying, new jobs created by 2015. more
6/11/12
Fort Adams gets its chance to shine
On June 26, Newport will become the final stop in the 2012 America’s Cup World Series events, marking the culmination of nearly a year of such events all over the world and Rhode Island’s quest to bring world-class racing back to the Ocean State. more
State budget sticks to status quo, takes few risks
For many Rhode Island business groups, the $8 billion state budget lawmakers have begun debating and are expected to pass this week was notable for what it did not include: more
Detour to Knowledge District?
The path from Jewelry District to Knowledge District took a detour this spring. First a Providence budget crisis and fears of bankruptcy prompted the Greater Providence Chamber of Commerce to pull out of a public-private partnership to market the Capital City as a knowledge and research hub. more
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