Updated May 30 at 12:44pm
Capital Goods
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The Providence-Warwick-Fall River metropolitan area ranked 238th among 358 metropolitan areas for its 1 percent year-over-year construction growth in March. more
Factory production in the U.S. declined in February for a third consecutive month, signaling cutbacks in manufacturing will hold back economic growth this quarter. more
The acqusition of planemaker Beechcraft again boosted profit and revenue for Textron Inc. more
Expanded service at T.F. Green Airport will require a coordinated effort to attract new carriers and passengers, according to several members of the Rhode Island congressional delegation, speaking informally Monday at the annual Greater Providence Chamber of Commerce Congressional Breakfast. more
Randall Rosenbaum, executive director for the R.I. State Council on the Arts, says a $35 million “creative and culture economy bond” request voters will be asked to approve on Election Day will more than pay for itself in new jobs and general economic and cultural stimulation. more
Dan Shedd, president of custom-packaging design studio Taylor Box in Warren, is eager to hire workers who are ready to apply themselves in a challenging, well-equipped environment – a place not always associated with manufacturing. more
Democrat Gina Raimondo focused her campaign for Rhode Island’s governorship on turning around the New England state’s ailing economy by reviving factories that were once a fount of middle-class jobs. more
Rhode Island gas prices hit their lowest point this year after dropping another 5 cents over the past week, according to the weekly gasoline survey by AAA Southern New England. more
Rhode Island added 700 construction jobs from August 2013 to August 2014, a 4.3 percent increase, ranking it No. 18 in a listing of all states, including the District of Columbia, regarding construction employment. more
Call it another false alarm in the China-overtaking-the-U.S. saga. Notwithstanding the latest estimates from the International Monetary Fund, the U.S., the world’s largest economy is still, well, numero uno. more
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