Economic Indicators
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Rhode Island was ranked the worst state for business in the U.S. for the second year in a row on CNBC’s America’s Top State for Business 2012 report. more
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
Rhode Island has the highest percentage of “actively disengaged” workers in the United States, according to a report from Gallup. more
Ever-wary local fishermen welcome the Sept. 13 U.S. Department of Commerce declaration of the New England groundfish fishery as a national disaster, but they wonder if any federal money that follows to Rhode Island will get to those who need it before it’s too late. more
Exports from the Ocean State rose 9.1 percent in November to $195.9 million on a month-to-month, seasonally adjusted basis after rising 1.4 percent in October, according to an international trade statistics report from e-forecasting.com. more
Rhode Island’s unemployment rate fell to 9.1 percent in March, the lowest unemployment rate for the Ocean State since November 2008, the R.I. Department of Labor and Training announced Thursday. more
Rhode Island remains behind other states in New England when looking at major economic indicators such as growth of the gross state product and the unemployment rate. However, the state economy is slowly regaining momentum. more
Rhode Island received more than one failing grade in the 2012 Manufacturing and Logistics National Report from Ball State University’s Center for Business and Economic Research. more
The state’s unemployment rate dropped to 10.9 percent in June, according to the Rhode Island Department of Labor and Training. more
Flawed labor market data continues to confuse assessment of the state’s economic recovery, University of Rhode Island economist Leonard Lardaro reports in his latest Current … more
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