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Rhode Island

In: The State Economic Handbook 2010

Author

Listed:
  • Scott D. Watkins

    (Anderson Economic Group, LLC)

  • Patrick L. Anderson

    (Anderson Economic Group, LLC)

Abstract

Rhode Island is located in the New England region of the United States. Rhode Island has a population of 1.1 million people, making it the eighth least populous state in 2007. The state’s population increased by 9,513 people from 2000 to 2007, and is projected to increase to 1.2 million by 2025. This 0.5% projected annual growth rate is below the national average of 0.8%. From 2006 to 2007 the state’s population declined by 0.9%. Per capita personal income in Rhode Island was $39,712 in 2007, up from $37,261 in 2006. For 2007, this was $1,148 above the national average and the sixteenth highest in the country. The state’s per capita income grew at a compound annual rate of 4.5% from 2000 to 2007, compared to 3.7% nationally.

Suggested Citation

  • Scott D. Watkins & Patrick L. Anderson, 2009. "Rhode Island," Palgrave Macmillan Books, in: Scott D. Watkins & Patrick L. Anderson (ed.), The State Economic Handbook 2010, pages 195-199, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-10212-5_40
    DOI: 10.1057/9780230102125_40
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    Cited by:

    1. Robert S. Pindyck, 1984. "Uncertainty in the Theory of Renewable Resource Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(2), pages 289-303.

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