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U.S. productivity rises 1.67% in 2Q
Productivity in the United States increased 1.67 percent and unit labor costs rose 1.7 percent in the nonfarm business sector during the second quarter of 2012, reported the U.S. Bureau of Labor Statistics. more
| 8/8/12
Oil drops from two-month high in N.Y. as U.S. demand eases
Oil slid from the highest close in more than two months as investors sold contracts on speculation that recent gains were excessive amid signs of weakening demand in the U.S, the world’s biggest consumer of crude. more
NIST discusses the future of U.S. manufacturing at RISD
Bridging the gap between cutting edge research and new commercial applications is central to America’s future in advanced manufacturing, the director of a new federal manufacturing initiative told industry and government leaders gathered at the Rhode Island School of Design on Tuesday morning. more
Only two bids for commuter rail contract
Only French rail operator Keolis’ subsidiary, Keolis America Inc., has bid to challenge the Massachusetts Bay Commuter Rail for the Massachusetts Bay Transportation Authority commuter rail contract, reported The Boston Globe. more
| 8/6/12
Ocean State pump prices rise 6 cents
Rhode Island’s gasoline prices rose 6 cents this week, according to AAA Southern New England. The cost of self-serve, unleaded regular averaged $3.69 per gallon in the Ocean State – up 6 cents from last week and 21 cents over the last month – according to the trade group’s weekly survey of Rhode Island’s pump prices. more
| 8/6/12 | 1 comment
GM invests in NanoSteel
General Motors Ventures LLC has invested in The NanoSteel Co., a maker of nano-structured steel materials design, the company announced Monday. more
Fishermen may face 70% cod cut in ‘13
The New England Fishery Management Council’s executive committee may cut the allowable cod catch for fishermen by up to 72 percent, the Gloucester Times reports. more
| 8/3/12 | 1 comment
DOT lands $760K from highway administration
The R.I. Department of Transportation will receive $760,000 in federal funds from the Federal Highway Administration, Rhode Island lawmakers announced Thursday. more
| 8/3/12
Chafee taps Silva as DMV administrator
Gov. Lincoln D. Chafee has appointed Anthony J. Silva as administrator for the R.I. Division of Motor Vehicles. more
| 8/3/12
U.S. leading economic indicators rise in July
Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July. more
| 8/2/12
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