BEA: R.I. personal income up 2.9% in Q1

QUARTER TO QUARTER, Rhode Island personal income increased at an annualized rate of 3.7 percent, ranking no. 42 in the nation in the first quarter 2018. Ocean State personal income increased 2.1 percent year over year. / COURTESY BEA
QUARTER TO QUARTER, Rhode Island personal income increased at an annualized rate of 3.7 percent, ranking No. 42 in the nation in the first quarter of 2018. Ocean State personal income increased 2.9 percent year over year. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE - Personal income in Rhode Island increased 2.9 percent year over year in the first quarter, according to the Bureau of Economic Analysis Thursday. United States personal income, in that time, increased 3.6 percent. In New England, personal income increased by 3 percent. In Massachusetts, personal income increased 3.1 percent from the first quarter…

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