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opinion

Based on your experience, do you think Rhode Island’s economy is recovering?

Posted:

The macroeconomic signs point to a slowing recovery in Rhode Island’s economy. But how are individual businesses doing?

It is possible that the large players in the state are surviving the aftermath of the Great Recession better than the many more numerous small businesses.

So the question is, is whatever recovery there is in the Ocean State broad based on being driven by the large companies?

great recession, recovery

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Mister_Smithers

Ha ha ha. That a funny question. What RI recovery? Small companies aren't hiring. And I don't see much hiring at the large companies either. For every new job in RI, I bet two more leave the state for better business climate in nearby states.

Thursday, September 22, 2011 | Report this
jraymond

High taxes and energy costs, a dysfunctional government, high cost of doing business and a net loss of jobs and population (if you take out the people who moved her for welfare benefits) and we have less than a successful formula for recovery.

As is tradition RI will be the last out of the financial crisis. It will not be due to any initiative taken by this state. It will be the residual of being surrounded by the other states that recover.

Friday, September 23, 2011 | Report this
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