Economic development

RIPEC Analyzes the Governor’s FY 2024 Budget and the State’s Fiscal Outlook

Providence, R.I. – The Rhode Island Public Expenditure Council (RIPEC) released a report today analyzing Governor Daniel J. McKee’s proposed fiscal year (FY) 2024 budget, revisions to the FY 2023 budget, and the state’s fiscal outlook. RIPEC found that the governor’s proposed FY 2024 budget represents the continuation of a level of total spending and …

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KPI Briefing for Q1 2023: Rhode Island Shows Strong Employment, but Economic Expansion Has Slowed

PROVIDENCE, RI – Rhode Island’s economy improved across most key economic measures in Q1 2023, but the rate of economic expansion has slowed, according to the Rhode Island Key Performance Indicators (KPI) Briefing for the first quarter of 2023, released today. The Briefing, completed by The Center for Global and Regional Economic Studies at Bryant …

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KPI Briefing: Rhode Island Economic Growth Stalls in Q4, Continues to Lag Region and Nation

PROVIDENCE, RI – Rhode Island’s economy continues to lag the New England region and the United States in several indicators of economic growth according to the Rhode Island Key Performance Indicators (KPI) Briefing for the fourth quarter of 2022, released today. The briefing, completed by The Center for Global and Regional Economic Studies at Bryant …

KPI Briefing: Rhode Island Economic Growth Stalls in Q4, Continues to Lag Region and Nation Read More »

Rhode Island Falls to the Bottom Ten States in Business Tax Climate Index

PROVIDENCE, RI – An analysis of the Tax Foundation’s 2023 Business Tax Climate Index (the Index) by the Rhode Island Public Expenditure Council shows Rhode Island entered the bottom ten states for business tax competitiveness for the first time since 2015, ranking 42nd highest (ninth worst) in the nation.  The Index annually demonstrates how competitive …

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KPI Briefing Shows Rhode Island’s Economy Continues to Improve, But Employment Growth Slows in Q3

PROVIDENCE, RI – Rhode Island’s economy improved across most major indicators in the third quarter of 2022, but employment growth slowed, according to the Rhode Island Key Performance Indicators (KPI) Briefing, released today by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council (RIPEC). “Rhode Island’s …

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Rhode Island’s FY 2023 Enacted Budget and Fiscal Outlook

Providence, R.I. – The Rhode Island Public Expenditure Council (RIPEC) released a report today analyzing the state’s fiscal year (FY) 2023 budget and the fiscal outlook in future budget years.  The FY 2023 budget is the state’s third consecutive annual budget characterized by a massive influx of federal COVID-19 relief dollars and the second consecutive …

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RI KPI Briefing for Q2 2022: Rhode Island Experiences Employment Gains but Still Lags Nation in Recovery of Jobs Lost During Pandemic

PROVIDENCE, RI – Rhode Island’s job market has improved, with four major industry sectors having regained all jobs lost during the pandemic, according to the Rhode Island Key Performance Indicators (KPI) Briefing for the second quarter of 2022, released today by the Center for Global and Regional Economic Studies at Bryant University and the Rhode …

RI KPI Briefing for Q2 2022: Rhode Island Experiences Employment Gains but Still Lags Nation in Recovery of Jobs Lost During Pandemic Read More »

RI KPI Briefing for Q1 2022: RI’s Economy Continues to Recover From Pandemic, but More Slowly Than U.S., New England

PROVIDENCE, RI – Rhode Island’s economic outlook improved in several key measures in the first quarter of 2022 but challenges persist, according to the Rhode Island Key Performance Indicators Briefing, released today by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council (RIPEC). “We are continuing …

RI KPI Briefing for Q1 2022: RI’s Economy Continues to Recover From Pandemic, but More Slowly Than U.S., New England Read More »

Rhode Island Key Performance Indicator Briefing for Q4 2021: RI’s Post-Pandemic Economy Grows but Still Lags the Nation in Recovering Jobs

PROVIDENCE, RI – Rhode Island’s economic outlook improved across several key measures in the fourth quarter of 2021, but the state continued to lag the nation in its economic recovery, according to the Rhode Island Key Performance Indicator Briefing for Q4, published today by the Center for Global and Regional Economic Studies at Bryant University …

Rhode Island Key Performance Indicator Briefing for Q4 2021: RI’s Post-Pandemic Economy Grows but Still Lags the Nation in Recovering Jobs Read More »

Rhode Island Ranks 40th in Tax Foundation 2022 Business Tax Climate Index

PROVIDENCE, R.I. – An analysis of the Tax Foundation’s 2022 Business Tax Climate Index by the Rhode Island Public Expenditure Council shows Rhode Island ranks 40th in the nation, down two spots from 2021. RIPEC’s analysis further found that Rhode Island was on a generally positive trajectory between 2014 and 2019, but in the last …

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