Rhode Island scores poorly on manufacturing and logistics report card

RHODE ISLAND scored its highest mark, a B, for sector diversity in the 2018 Manufacturing & Logistics report card released by the Center for Business and Economic Research at Ball State University. Rhode Island scored a D+ or worse on six of nine measured metrics. / COURTESY CENTER FOR ECONOMIC RESEACH AT BALL STATE UNIVERSITY
RHODE ISLAND scored its highest mark, a B, for sector diversity in the 2018 Manufacturing & Logistics report card released by the Center for Business and Economic Research at Ball State University. Rhode Island scored a D+ or worse on six of nine measured metrics. / COURTESY CENTER FOR ECONOMIC RESEARCH AT BALL STATE UNIVERSITY

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
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Chris Bergenheim is the PBN web editor.

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