Capital Goods

Transportation
May 23

Passenger trains bump along with fixes exceeding U.S. funds

U.S. investigators looking into the May 17 Connecticut commuter-rail crash haven’t yet found a clear cause. The fact a broken rail became the most immediate suspect speaks to years of deferred maintenance that have left trouble spots throughout a Washington-Boston network that carries more than 700,000 people a day and dates to the 1800s.
Trade
May 23

Exports from R.I. fall 5.1% in March

Exports from the Ocean State fell 5.1 percent in March to $183.1 million on a month-to-month, seasonally adjusted basis after falling 15.3 percent in February, according to an international trade statistics report from e-forecasting.com.
Manufacturing
May 22

Astro-Med posts loss in 1Q on replacement charges

Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted a net loss of $449,000, or 6 cents per diluted share, during the first quarter of its 2014 fiscal year.
Hospitality & Tourism
May 22

Memorial Day travel to drop slightly, says AAA

AAA Southern New England projects a 0.9 percent decrease in Memorial Day travel. The trade group estimates that 34.8 million U.S. residents will travel 50 miles or more from their home during the Memorial Day holiday period between Thursday, May 23, and Monday, May 27.

Manufacturing
May 21

Manufacturing project to unveil findings, database at Bryant summit

Using data mined from more than a thousand manufacturers from across the state, leaders of the Rhode Island Manufacturing Renaissance Project will unveil its findings on Wednesday, along with the state’s first comprehensive database of manufacturers in the state.
Innovation
May 21

Building Futures wins Workforce Board’s innovation award

Building Futures, a program of The Providence Plan, was named the 2013 winner of the Governor’s Workforce Board’s Innovation Award.
Transportation
May 20

Pump prices continue to rise in R.I., Mass.

Both Rhode Island and Massachusetts drivers saw gasoline prices rise this week, the second consecutive week of increases after a nine-week decline, AAA Southern New England reported Monday.
Calendar
PBN Hosted
Events

Celebrate RI's many exceptional women at PBN's Business Women Awards luncheon May 30th at the Providence Marriott. Reserve your seat today!
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