Economic Activity
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Initial jobless claims in U.S. decline more than forecast
Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, pointing to an improving labor market. more
Honda to ship to Port of Davisville
Honda will begin shipping autos to the Port of Davisville in 2014, a “key sign of growth in the port’s emergence as one of the largest auto-importers in North America,” the Quonset Development Corporation announced Friday. more
| 4/19/13
Exports from Ocean State fall in February
Exports from the Ocean State fell 15.4 percent in February to $192.9 million on a month-to-month, seasonally adjusted basis after rising 19.3 percent in January, according to an international trade statistics report from e-forecasting.com. more
| 4/18/13
Hasbro forms partnership with World Trade Jewelers
Iconic toy- and game-maker Hasbro Inc. has formed a collaboration with World Trade Jewelers to create and distribute jewelry designs replicating some of Hasbro’s products. more
| 4/17/13
Boat Show expands for 2013 event
The Rhode Island Boat Show is expanding to five venues for its third year, its organizers announced Wednesday, in a move to increase its showcasing of the Ocean State as a recreational boating destination that also houses a varied group of boating businesses, facilities and products. more
Jobless claims little changed as U.S. job market stabilizes
The number of Americans filing claims for unemployment benefits was little changed last week, signaling the labor market is stabilizing. more
The Steel Yard welcomes Lang as new executive director
Industrial arts nonprofit The Steel Yard welcomed its new executive director, nonprofit arts management veteran Helen Lang, who started in early April, the organization announced Friday. more
| 4/19/13
Business formations fall 4% in 1Q
After two consecutive years of year-over-year first-quarter increases in business formations, the number of new businesses created during the first three months of 2013 fell nearly 4 percent compared with the first quarter of 2012, Secretary of State A. Ralph Mollis announced Monday. more
| 4/22/13
U.S. stocks decline as home sales drop amid corporate earnings
U.S. stocks fell, after the biggest weekly drop in five months for the Standard & Poor’s 500 Index, as sales of previously owned U.S. homes unexpectedly declined in March and investors weighed corporate earnings. more
Hasbro loss widens in 1Q on savings initiative costs
Toy and game maker Hasbro Inc. saw its net loss widen 159 percent from $2.6 million, or 2 cents per diluted share, in the first quarter of 2012 to $6.7 million, or 40 cents per diluted share, in the first quarter of 2013, the company announced Monday. more
| 4/22/13
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