Economic Activity
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Hasbro named among ‘most ethical companies’ for 2nd consecutive year
Toy and game-maker Hasbro Inc. earned the title as one of The Ethisphere Institute’s “World’s Most Ethical Companies” for the second consecutive year, Hasbro announced Wednesday. more
| 3/13/13
Sales at U.S. retailers advance by most in 5 months
Sales at U.S. retailers rose in February by the most in five months as an improved job market and stronger household finances cushioned the effect of higher payroll taxes. more
R.I exports saw ‘banner year’ in 2012
Rhode Island was one of 29 states to achieve record export growth in 2012 with a 4.1 percent increase over 2011, Gov. Lincoln D. Chafee announced Tuesday. more
| 3/12/13
Owner of Yankee Candle prepares to sell
The Yankee Candle Co., the largest producer of scented candles in the United States, is currently in the preliminary stages of sale by owner Madison Dearborn Partners, the Reuters News Agency reported Monday. more
| 3/12/13
Martha’s Vineyard radio to remain on R.I. airwaves
An agreement between Martha’s Vineyard’s once Internet-exclusive mvyradio.com and Rhode Island Public Radio will allow the Massachusetts-based station to continue operating on its Newport signal, reaching listeners on the surrounding Aquidneck Island and town of Narragansett. more
Israel poised for R.I. exports, expert says
Israel remains the Middle Eastern country most primed for U.S. exports and Rhode Island companies wanting to get in on overseas trading should seize any opportunity to do so, advises Atid EDI Ltd., a Jerusalem-based firm that specializes in market research and trade development for the Middle East region. more
Business leaders optimistic for state’s economic future
Business, government and education leaders leaned toward optimism for the future of Providence and the state of Rhode Island at the annual Economic Outlook Breakfast hosted by Sovereign Bank and the Greater Providence Chamber of Commerce at the Omni Providence Tuesday morning. more
Pulitzer-winning journalist to receive Pell Center’s inaugural award
Dana L. Priest, two-time Pulitzer Prize winning journalist for The Washington Post, will receive the Pell Center prize for “Story in the Public Square” in recognition of her investigative reporting career, the center announced Tuesday. more
R.I. leading economic indicators edge upward in January
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose to 122.2 in January. more
| 3/12/13
Small-business optimism in U.S. climbs for third month in a row
Confidence among U.S. small businesses rose in February for a third month as more company leaders said they will invest in equipment and stockpiles. more
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