According to the Providence Business News, the Rhode Island economic index has risen for the first time since 2007. The current recession has wiped out a decade of growth here in Rhode Island, and we are almost at the levels we were in in 2000. This is a little piece of mind for us Rhode Islanders, as before the month of June, we had the worst economic fall off in the country. The recession hit Rhode Island the hardest, even Michigan had a 10-point higher index then Rhode Island. So what is the reason for this rise in economic index... consumer confidence and building permits. Well I don't think that is sustainable, but hey, good new is good news. What do you all think?
http://www.pbn.com/detail/43412.html
Showing posts with label Economic Index. Show all posts
Showing posts with label Economic Index. Show all posts
Wednesday, July 8, 2009
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