RI Economy Improving But…

Date: August 06, 2014

The good news is that Rhode Island’s unemployment rate continues to decline – dropping significantly in June to 7.9%. But Rhode Island’s unemployment rate is still nearly two points higher than the national rate of 6.1%. And Rhode Island is still tied for the state with the highest unemployment rate – tied now with Mississippi. There was some economic growth in RI -- the RI gross product increased 1.4% in 2013, earning it the 33rd spot in the nation.

But the Kaufmann Foundation gave RI a grade of F for small business friendliness and ranked Providence as one of the worst cities in the country for small business friendliness. We have work to do.        

blog comments powered by Disqus

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more


Do you use a CRM to manage customer information?

Yes, I use a CRM. - ( 216 votes )

CRM? I use Excel. - ( 115 votes )

Excel? I use paper and pencil! - ( 38 votes )

No, I don't use any CRM system. - ( 145 votes )