R.I. GDP declines at annualized 32.4% in Q2

RHODE ISLAND GDP declined at an annualized rate of 32.4% in the second quarter. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE – Rhode Island’s gross domestic product declined at an annual rate of 32.4% in the second quarter, seasonally adjusted, the Bureau of Economic Analysis said on Friday. The decline was the third-slowest annualized in New England. United States GDP declined at an annualized rate of 31.4% in the quarter, while New England GDP declined…

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