Rhode Island’s business climate has suffered yet another poor business ranking under Democrat Governor Gina Raimondo. In new rankings released this week, 24/7 Wall Street rates Rhode Island 44th in the nation for business, noting that it had the eighth smallest GDP growth last year.
Rhode Island has been no stranger to bottom ten rankings for business since Raimondo became governor, both CNBC and Forbes also put the state in the bottom ten for business in 2017. And after months of job losses that have driven Rhode Island’s unemployment rate above the national rate along with high profile business departures from high-paying manufacturers like Alexion Pharmaceuticals, the state has shown further signs of decline.
With Rhode Island consistently rated as a bottom ten state for business under Raimondo, the state has developed a negative reputation as one of the worst places in the country to do business. Rhode Island deserves better.
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