Report: R.I. Q1 GDP projected to have contracted at 4.3% annualized rate

RHODE ISLAND's gross domestic product was projected to have contracted at a 4.3% annualized rate in the first quarter of 2020. / COURTESY RHODE ISLAND PUBLIC EXPENDITURE COUNCIL AND THE CENTER FOR GLOBAL AND REGIONAL ECONOMIC STUDIES AT BRYANT UNIVERSITY
RHODE ISLAND's gross domestic product was projected to have contracted at a 4.3% annualized rate in the first quarter of 2020. / COURTESY RHODE ISLAND PUBLIC EXPENDITURE COUNCIL AND THE CENTER FOR GLOBAL AND REGIONAL ECONOMIC STUDIES AT BRYANT UNIVERSITY
PROVIDENCE – Rhode Island’s gross domestic product was estimated to have contracted at a 4.3% annualized rate, according to a report from the Rhode Island Public Expenditure Council and the Center for Global and Regional Economic Studies at Bryant University released Tuesday. The contraction was slower than the 4.8% annualized rate of decline in New…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -