BEA: R.I. GDP increased at annualized 2.9% in Q3 2018

GDP INCREASED at an annualized 2.9 percent in Rhode Island in the third quarter of 2018, 0.5 percentage points lower than the annualized U.S. GDP growth rate. / COURTESY BUREAU OF ECONOMIC ANALYSIS
GDP INCREASED at an annualized 2.9 percent in Rhode Island in the third quarter of 2018, 0.5 percentage points lower than the annualized U.S. GDP growth rate. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE – Rhode Island’s gross domestic product increased at a 2.9 percent seasonally adjusted, annualized rate in the third quarter of 2018, according to the U.S. Bureau of Economic Analysis Tuesday. The Rhode Island economy’s growth rate ranked No. 27 in the nation and fourth in New England. The United States GDP increased at a…

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