PROVIDENCE – Rhode Island received poor scores in the 2018 Manufacturing & Logistics Report Card released by the Center for Business and Economic Research at Ball State University in Indiana.
Rhode Island scored a D+ or worse on six of nine metrics in the report. The Ocean State improved in one metric year to year, with its tax climate increasing to a D from an F. Rhode Island’s scores worsened for three metrics, manufacturing industry health, human capital and worker benefit costs.
Three Rhode Island scores declined in 2018:
- Human capital declined to a C- grade from a C grade year over year
- Manufacturing industry health declined to a D in 2018 from a D+ in 2017
- Worker benefit costs declined to a D in 2018 from a D+
Five of Rhode Island’s manufacturing and logistics scores remained the same in 2018 from 2017:
- Sector diversification retained a score of B
- The Rhode Island expected fiscal liability gap remained at a C- score
- Global reach continued to score a D
- Productivity and Innovation remained with a score of D+
- Logistics industry health remained an F
Chris Bergenheim is the PBN web editor.