Economic development

Q1 2021 CEI Briefing Shows Improved but Lagging Economy in Rhode Island

PROVIDENCE, RI – Rhode Island’s economy is on an upswing but trails the region and nation in terms of growth, according to the Rhode Island Current Economic Indicator Briefing for the first quarter of 2021, published today by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure …

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RIPEC Supports Borrowing for State Bond Referenda

PROVIDENCE, R.I. – The Rhode Island Public Expenditure Council released today an analysis of the seven ballot initiatives totaling $400 million to be considered by Rhode Island voters at a special election on March 2, 2021. The report looks at each bond referendum in terms of its return on investment, consistency with long-term state debt …

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Q4 2020 Current Economic Indicator Briefing Indicates Lengthy Economic Downturn

PROVIDENCE, RI – Rhode Island is in the midst of a protracted economic downturn, according to the Rhode Island Current Economic Indicator Briefing for the fourth quarter of 2020, published today by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council. Economic data for Q4 2020 …

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Q3 2020 CEI Shows Partial Recovery, Constrained Economic Activity

PROVIDENCE, RI – While economic activity in Rhode Island grew in the third quarter of 2020 and the state recovered a significant number of jobs as compared to the second quarter of 2020, economic activity continues to be severely constrained. These projections were released today in the Rhode Island Current Economic Indicator Briefing, published jointly by …

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CEI for Q2 2020 Shows Historic Contraction of Economic Activity and Employment in RI

PROVIDENCE, RI – Today, the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council jointly released the Rhode Island Current Economic Indicator (CEI) Briefing for the second quarter of 2020. The Briefing details an unprecedented contraction in economic activity in Q2, with the Gross Domestic Product (GDP) declining …

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May 2020 Consensus Revenue Estimating Conference Points to Slow Recovery of State Revenues

PROVIDENCE, RI – A new Rhode Island Public Expenditure Council report warns that Rhode Island may experience a long-term shortfall in general revenues and finds that while the state recovered all the jobs lost during the Great Recessions several years ago, its inflation-adjusted general revenue levels had yet to recover, before the pandemic. The report, “Rhode …

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Unemployment Trust Fund Solvency Threatened, Rate Hikes Likely; TDI Stable but Rates Hikes Likely

PROVIDENCE, RI – A new Rhode Island Public Expenditure Council report released today finds that, because of the economic crisis resulting from the COVID-19 pandemic, Rhode Island’s unemployment insurance (UI) trust fund is projected to be insolvent by the end of September. As a result, employers are likely to pay significantly more in federal and state …

Unemployment Trust Fund Solvency Threatened, Rate Hikes Likely; TDI Stable but Rates Hikes Likely Read More »

CEI for Q1 2020, April Jobs Numbers Show Sharp Decline, Uneven Impact of Pandemic on RI Industries

PROVIDENCE, RI – Today, the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council jointly released the Rhode Island Current Economic Indicator (CEI) Briefing for the first quarter of 2020. “The industry breakdown of employment losses speaks to the fact that Rhode Island has one of the …

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Q4 2019 Current Economic Indicator Shows Expanding Economy but Persistent Growth Gap

Providence (February 2020) – Today, the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council jointly released the Rhode Island Current Economic Indicator (CEI) Briefing for the fourth quarter of 2019. The briefing showed that the improved economic conditions and job growth seen in Rhode Island over …

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Q3 2019 Current Economic Indicator Shows Steady, Slow Growth

Providence (November 2019) – Today, the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council jointly released the Rhode Island Current Economic Indicator (CEI) Briefing for Q3 2019. Rhode Island GDP is projected to have expanded 1.8 percent in Q3 2019. For the first time since 2013, …

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