Report: R.I. 11th-worst economy in U.S.

PROVIDENCE – Rhode Island ranks 41st – or 11th worst – in the nation for its economy, according to WalletHub.

WalletHub called 2015 “a banner year for the U.S. economy, thanks to a strong dollar, job gains, lower oil prices, increased consumer spending and general improvements in the housing and business sectors.” It said more growth is expected, despite a slowing global economy.

Because state economies within the U.S. “could still be either boom or bust,” WalletHub said it rated the states and Washington, D.C., on their economic activity, economic health and innovation potential.

Utah ranked No. 1 and Mississippi was last at No. 51.

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Massachusetts was fourth best on the list. •

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