Economic Activity

CRUISING WORLD and Sailing World staff members, from left, Mark Pillsbury, CW senior editor; Elaine Lembo, CW managing editor; John Burnham, CW editor and SW editorial director; and Dave Reed, SW editor, aboard a boat at the Newport Marina. /

Sailing is this publisher’s world

In 1974, Murray Davis, an Australian writer and sailing enthusiast, washed up on Newport’s shore with an idea for a magazine aimed at serious...

R.I. breaks jobs records, but slowdown predicted

Figures from the R.I. Department of Labor and Training show the number of jobs in Rhode Island grew by 4,500 from March 2006 to...

Gov. Patrick addresses rising foreclosure crisis

BOSTON – Gov. Deval L. Patrick has announced regulatory action and proposed legislation to assist Massachusetts families facing foreclosure. “It is vital that we have...
TUB-SHAPED GIRDERS that will support the roadbed are eased into place by a crane. I-95 will be shut down as workers place two steel supports, weighing 70 tons and 105 tons, and 13 overhead girders weighing up to 223 tons. /

I-95 to close for 13 nights, starting April 29

PROVIDENCE – A series of overnight closures of portions of Interstate 95 in Providence between Exit 18 (Thurbers Avenue) and Exit 20 (Interstate 195)...

Convention Center parking rates rising 5% to 20%

PROVIDENCE – The price of parking in the R.I. Convention Center’s 2,500 parking spaces will rise June 1 by anywhere from 5 to 20...
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NSTAR 1Q profit rises 8.6% as temps fall

BOSTON – NSTAR (NYSE: NST), a utility company serving Dartmouth and New Bedford, today posted an 8.6-percent increase in first-quarter profit to $47.8 million...

Consumer sentiment at 7-month low in April

Consumer sentiment hit a seven-month low in April amid concerns about gasoline prices, inflation and the housing market, according to the Reuters/University of Michigan...
HOUSING CONSTRUCTION dropped 17 percent, slowing from the fourth quarter's 19.8-percent plunge, but continued to weigh down the economy. Above, Manuel Lasaro frames the roof of a three-unit apartment building near Buccaneer Beach in Oceanside, Calif.  /

U.S. economy slows to 1.3% growth rate

WASHINGTON – The nation’s real gross domestic product rose at an annual rate of 1.3 percent in the first quarter, little more than half...
AT ITS PEAK in the 1950s, the mill housed 18,000 spindles and at least 166 looms.   /

Olneyville mill named to National Register

PROVIDENCE – A mill complex in Olneyville has been named to the National Register of Historic Places, R.I. Historical Preservation & Heritage Commission Chairman...
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Help-Wanted Index dips 1 point in March

The Help-Wanted Advertising Index of job offerings in major newspapers nationwide declined in March for the third consecutive month to 30 points from February’s...
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