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No. 40 Rhode Island
Taxations & Regulations
Workforce Quality
Living Environment
Key Metrics |
State GDP
- % Growth ’12-’13: 1.4
- % Growth ’11-’12 v. Nat’l Avg. (2.5%): -1.1
Unemployment
- Unemployment Rate Dec. 2013 %: 9.1
- Comparison with Nat’l Rate (6.70%): 2.4
Domestic Migration
- Domestic Net Migration 2013: -3,922
- Rank: 34
State Government
- State Debt per Capita Fiscal Year ’13 ($): 8,471
- State & Local Gov’t Employees per 10k Residents: 510.8
State-Local Tax Burden
- Rate (%): 10.9%
- Compared to Nat’l Avg. (9.9%): 0.99%
|
Key Companies |
- CVS Caremark
- Textron
- Hasbro
- United Natural Foods
|
Development Trend Indicator: Negative |
High-tax, high-unemployment basket case now must bail out government pensioners. |
Based on CEO Survey by ChiefExecutive.net
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation