Report: R.I. GDP grows at slower rate than region, country

PBN Staff

05/18/2021

Screen Shot 2021-05-17 at 3.03.34 PM — RHODE ISLAND gross domestic product was estimated to have grown at a slower rate than both New England and the United States in the first quarter. / COURTESY CENTER FOR GLOBAL AND REGIONAL ECONOMIC STUDIES AT BRYANT UNIVERSITY AND THE RHODE ISLAND PUBLIC EXPENDITURE COUNCIL

PROVIDENCE – Rhode Island's gross domestic product grew at an annualized 3.5% in the first quarter of 2021, the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council said on Tuesday. The Rhode Island current economic indicator, which is designed to measure the state GDP, was lower…