Capital Goods
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Passenger traffic at T.F. Green Airport fell 6.2 percent in March compared with the same period last year, dropping from 335,578 total passengers in March 2013 to 314,784 last month, according to numbers released Tuesday by the R.I. Airport Corporation. more
Gasoline prices rose in Rhode Island and Massachusetts this week, but averages in both states remained below the national average for a second consecutive week, according to the weekly survey by AAA Southern New England. more
Toy and game maker Hasbro Inc. posted earnings of $32.1 million, or 24 cents per diluted share, during the first quarter of 2014, reversing the net loss of $6.7 million, or 5 cents per diluted share, reported during the same period last year. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
With the onset of spring, New England businesses are relying on improved consumer confidence and higher sales to drive economic recovery after a difficult first quarter affected by severe winter weather, according to the Federal Reserve Board’s Beige Book released Wednesday. more
The city has started the second year of work in its $40 million road re-surfacing project. Funded with a voter-approved bond in 2012, the road project completed 32 miles of repaving last year and began this year’s work Wednesday on Moses Brown Street in the Wayland Square neighborhood. more
Gains in manufacturing are helping power the U.S. out of the winter doldrums, while homebuilding shows signs of lagging behind. more
The Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin Corp. in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. more
Gasoline prices rose a penny in Rhode Island and Massachusetts this week, but prices in both states were lower than the national average for the first time in 10 months, according to the weekly survey by AAA Southern New England. more
Retail sales increased in March by the most since September 2012 as Americans bought more cars, clothing and garden supplies, helping the economy recover from a weather-depressed start to the year. more
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