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Rhode Island

In: The State Economic Handbook 2008 Edition

Author

Listed:
  • Scott D. Watkins

    (Anderson Economic Group, LLC)

  • Patrick L. Anderson

    (Anderson Economic Group, LLC)

Abstract

Demographics and Socioeconomics. With a population of 1.0 million people, Rhode Island was the eighth least populous state in the United States in 2005. From 2000 to 2005 the state’s population decreased by 15,657 people, but is projected to increase to 1.2 million by 2025. This 0.6 percent projected annual growth rate compares to the projected national average of 1.0 percent. Per capita personal income in Rhode Island was $35,219 in 2005, ranking the seventeenth highest in the country and $724 above the national average. From 2000 to 2005 per capita income in the state grew at an average annual rate of 3.8 percent, compared to 2.9 percent nationally.

Suggested Citation

  • Scott D. Watkins & Patrick L. Anderson, 2007. "Rhode Island," Palgrave Macmillan Books, in: Scott D. Watkins & Patrick L. Anderson (ed.), The State Economic Handbook 2008 Edition, pages 195-199, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-60724-8_40
    DOI: 10.1057/9780230607248_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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