R.I. GDP grows at slowest rate in New England in Q3

GDP in Rhode Island increased at a 1.6% annualized rate in the third quarter. / COURTESY BUREAU OF ECONOMIC ANALYSIS
GDP in Rhode Island increased at a 1.6% annualized rate in the third quarter. / COURTESY BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE – Rhode Island's gross domestic product in the third quarter increased at an annualized and seasonally adjusted 1.6% in the third quarter, the Bureau of Economic Analysis said on Friday. The state's GDP increase ranked No. 37 in the country and last in new England. Overall, New England increased at a 2.1% annualized rate…

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