R.I. 2Q GDP growth rate 4th lowest in nation

RHODE ISLAND GDP increased at a 2.8 percent annualized rate in the second quarter, 1.4 percentage points lower than the annualized national GDP growth rate for the quarter. The Ocean State's GDP growth rate ranked No. 47 in the country. / COURTESY BUREAU OF ECONOMIC ANALYSIS
RHODE ISLAND GDP increased at a 2.8 percent annualized rate in the second quarter, 1.4 percentage points lower than the annualized national GDP growth rate for the quarter. The Ocean State's GDP growth rate ranked No. 47 in the country. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE – Gross domestic product in Rhode Island grew at an annualized rate of 2.8 percent in the second quarter, the fourth-slowest rate in the nation and the slowest rate in New England, according to the Bureau of Economic Analysis Wednesday. United States GDP increased at an annualized 4.2 percent in the second quarter, 1.4…

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