Trade
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Record exports boost U.S. growth as trade gap narrows
Exports from the U.S. climbed to a record in September, contributing to an unexpected decline in the trade deficit that gave the world’s largest economy a boost at the end of the third quarter. more
Gasoline rises as storm aftereffects curb East Coast supplies
Gasoline rose on speculation that East Coast stockpiles of the motor fuel will remain constrained as Phillips 66 said its New Jersey refinery will be shut as long as three weeks to recover from Hurricane Sandy. more
Davisville dredging project kicks off
Gov. Lincoln D. Chafee and House Speaker Gordon D. Fox joined the R.I. Economic Development Corporation and the Quonset Development Corporation to kick off a dredging project at the Port of Davisville on Thursday. more
| 10/26/12
R.I. exports surge 20.7% in August as U.S. exports fall
Exports from the Ocean State increased 20.7 percent in August after falling 14.3 percent in July on a month-to-month basis, according to an international trade statistics report from e-forecasting.com more
| 10/24/12
Oil decreases for second day on decline in U.S. equities, Euro
Oil fell for a second day as equities declined and the euro retreated against the dollar. more
U.S. stock futures drop as GE, Microsoft results disappoint
U.S. stock futures fell, indicating the benchmark Standard & Poor’s 500 Index will trim its biggest weekly advance in more than a month, as Microsoft Corp. and General Electric Co. posted sales that missed estimates and euro-area leaders agreed on a banking regulation timetable. more
U.S. stocks advance as jobless claims drop to 4-year low
U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for the first time in five days, as American jobless claims slid to a four-year low and Italy’s bond yields fell after a debt sale. more
Orders to U.S. factories plunge on airplanes, computers
Orders placed with U.S. factories fell in August by the most in more than three years, signaling that slowdowns in business investment and exports restrained the economic expansion. more
Rhode Island exports plunged 14.3% in July
Exports from Rhode Island plunged 14.3 percent in July after rallying 13.2 percent in June, according to an international trade statistics report from e-forecasting.com. more
| 9/27/12
MassBenchmarks: Mass. economy shifts into ‘lower gear’
After outstripping national growth in recent years, the Massachusetts economy has “dropped into a lower gear,” according to the Leading Economic Index released Thursday by the MassBenchmarks editorial board. more
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