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Susan A. Baird

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U.S. manufacturing shrinks in August

TEMPE, Ariz. – The U.S. manufacturing sector shrank in August for the first time in three months, although the overall economy grew for the...
INCOMES FELL more quickly than spending last month, driving down the national savings rate, the BEA said. Excluding stimulus payments, however, personal income grew 0.5 percent in July. /

U.S. incomes dip as stimulus payments slow

WASHINGTON – The national savings rate declined last month as federal stimulus payments slowed to a trickle, dragging down disposable personal income nationwide, the...
A WIDE VARIETY of colorants pigments for Teknor Apex and other polymer producers are made by the Teknor Color Co., which in May added a new line of colorants for use in biodegradable plastics.  /

Teknor Apex to close plant in Ohio

PAWTUCKET – Teknor Apex Co. has announced plans to close its plant in Lodi, Ohio, by the end of the year, idling 39 employees...
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GDP grows at revised 3.3% annual rate in 2Q

WASHINGTON – The U.S. economy grew at an annual pace of 3.3 percent in the second quarter, after rising at a 0.9-percent rate in...

New jobless claims fall for 3rd week

WASHINGTON – The number of U.S. workers filing first-time jobless claims fell 2.3 percent last week, in the third consecutive weekly decline, according to...
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Joblessness up in 91.6% of metro areas,<br> including Providence and New...

WASHINGTON – The unemployment rate in the Providence-Fall River-Warwick metropolitan area continued to rise last month, as the work force expanded while local payrolls...

R.I. child poverty rate worsens in 2007

PROVIDENCE – Rhode Island lost ground on child poverty last year, when the statewide rate was the 20th lowest nationwide according to a report...
THE MOOD of U.S. consumers this month continued to rebound from a June reading that was the lowest in 16 years. /

U.S. confidence rises for 2nd month

NEW YORK – Confidence among U.S. consumers improved in August for the second month in a row, according to a report today from The...

New lawsuit seeks to force EPA to limit<br> oil refineries’ global-warming emissions

WASHINGTON – Rhode Island and Massachusetts have joined a new multistate lawsuit challenging the U.S. Environmental Protection Agency’s failure to regulate oil-refinery emissions. Plaintiffs in...

Existing home sales rise in U.S., N.E.

WASHINGTON – Existing home sales rose last month nationwide and in the Northeast, although they continued to lag year-ago levels, according to a report...
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