Tag: GDP
Lardaro: R.I. remains in a recession
PROVIDENCE – Rhode Island remains in a recession, University of Rhode Island economist and professor Leonard Lardaro said Wednesday in his monthly Current Conditions Index report.
The index had a contractual value of 33 in October,...
U.S. economy expands at a surprisingly strong 4.3% annual rate in...
WASHINGTON (AP) – The U.S. economy expanded at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two...
How U.S. has cut climate-changing emissions while its economy doubled
Countries around the world have been discussing the need to rein in climate change for three decades, yet global greenhouse gas emissions – and...
U.S. trade deficit drops 24% in August as Trump’s tariffs reduce...
WASHINGTON (AP) – The U.S. trade deficit fell by nearly 24% in August as President Donald Trump's sweeping global tariffs pushed imports lower.
In a report...
Report: R.I.’s independent live entertainment industry contributes $138.2M to state GDP
PROVIDENCE – Rhode Island’s independent live entertainment industry contributes $138.2 million to the state's gross domestic product, according to a report by the National...
U.S. economy expanded at a surprising 3.8% pace in the second...
WASHINGTON (AP) – An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported...
U.S. economy slowed but still grew at 2.9% rate last quarter
WASHINGTON (AP) – The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of...
R.I. GDP increases by 2.2% in third quarter, third highest in...
PROVIDENCE – Rhode Island’s annualized growth rate of real gross domestic product in the third quarter was slightly below the national average of 2.3%,...
From crisis to growth: Leveraging skills to foster prosperity
A look at recent economic data – along with an analysis of industry, technology and workforce trends – reveals that Rhode Island is falling...
R.I. GDP increases at 2nd fastest annualized rate in N.E. in...
PROVIDENCE – Rhode Island’s annualized growth rate of real gross domestic product in second quarter was the ninth highest rate in the nation and...
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