Economic Growth Rebounds in Q1 but Recovery Still Slow

PROVIDENCE, R.I. (May 2013) – The Rhode Island Current Economic Indicator (CEI) indicates that the fourth quarter indicator for FY 2012 was revised downward, contracting at an annualized rate of 0.04 percent.  However, estimates for the first quarter of 2013 indicate that the state experienced more robust growth than previously predicted. Based on the CEI, …

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