R.I. consumer spending growth lags New England, nation, ’09-12

RHODE ISLAND'S 2012 per capita consumer spending of $36,974 was the lowest in New England, according to the U.S. Bureau of Economic Analysis. / COURTESY U.S. BUREAU OF ECONOMIC ANALYSIS
RHODE ISLAND'S 2012 per capita consumer spending of $36,974 was the lowest in New England, according to the U.S. Bureau of Economic Analysis. / COURTESY U.S. BUREAU OF ECONOMIC ANALYSIS
PROVIDENCE – Per capita consumer spending in Rhode Island grew 9 percent between 2009 and 2012, signifying improved consumer confidence since the Great Recession but lagging New England and U.S. spending growth for the same period, according to U.S. Bureau of Economic Analysis data released Thursday. In 2012, the most recent year for which the…
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