Personal spending in R.I. increases 3.2% in 2019

PERSONAL CONSUMPTION EXPENDITURE in Rhode Island increased 3.2% year over year. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PERSONAL CONSUMPTION EXPENDITURE in Rhode Island increased 3.2% year over year. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE – Per capita personal consumption spending in Rhode Island increased 3.2% year over year, to $49.8 billion, the Bureau of Economic Analysis said on Thursday. The state had the lowest per capita personal consumption expenditures in New England at $47,045. PCE measures the cost of the goods and services purchased by or on behalf…

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