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R I s economy grew in first quarter, but not as much as other New England states

R.I.’s economy grew in first quarter, but not as much as other New England states Brian Amaral PROVIDENCE Rhode Island’s economy grew in the first three months of 2021, but at a slower pace than New England as a whole, a widening of the state’s so-called “growth gap,” an economic model released Tuesday says. Popular Searches According to the report by experts at Bryant University’s Center for Global and Regional Economic Studies and the nonprofit Rhode Island Public Expenditure Council, the state’s gross domestic product grew by an estimated 3.5 percent annualized rate in the first quarter, compared to an estimated 5.2 percent growth in all of New England and 6.4 percent in the U.S.

This Just In: Summer, beer and vaccines

This Just In: Summer, beer and vaccines Michael McDermott, The Providence Journal © Kris Craig/The Providence Journal South Kingstown, RI, May 12, 2021 - Josh Dunlap and Wes Staschke are co-owners of Whaler s Brewing and they will be there to raise a glass of RISE IPA in their taproom to all the bars, restaurants and package stores who kept them in biz last year. They are giving each of their 800 customer accounts a free keg of RISE [The Providence Journal / Kris Craig] Good afternoon and welcome to This Just In. I m Mike McDermott, managing editor of The Providence Journal. It feels like summer in Rhode Island, and I don t mind. Neither do the folks at Whalers Brewing Company, who are giving out a free keg to each of about 800 restaurants and bars across the state, to celebrate the coming of the season. 

Report: RI economy recovering but trails region, country

Report: RI economy recovering but trails region, country Jack Perry, The Providence Journal © Scott Barrett/Newport Daily News, file Hammetts Hotel under construction on America’s Cup Boulevard in Newport in 2019. Construction has been a bright spot for jobs, but hospitality employment has lagged as Rhode Island recovers from the pandemic. Rhode Island s economy grew in the first quarter, but it trails the region and nation in its recovery from the coronavirus pandemic, according to a report published Tuesday by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council. Rhode Island s gross domestic product is projected to have grown by 3.5% in the first quarter, but that trails New England, with projected growth of 5.2%, and the nation at 6.4%, the Rhode Island Current Economic Indicator Briefing reports.

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