Economic development

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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RIPEC & Bryant University’s Center For Global and Regional Economic Studies Release New Key Performance Indicators Quarterly Briefing

PROVIDENCE, RI – Rhode Island continued to build back its economy during the third quarter of 2021, according to the Rhode Island Key Performance Indicators Quarterly Briefing, published today by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council (RIPEC). The data show encouraging trends in …

RIPEC & Bryant University’s Center For Global and Regional Economic Studies Release New Key Performance Indicators Quarterly Briefing Read More »

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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