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2012-2022 Expanding & Declining Industries in Rhode Island
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2022 Expanding & Declining Industries in Rhode IslandRhode Island employment is expected to increase by over 50,000 jobs during the 2012-2022 projection period. Employment in 2022 is expected to reach 545,550, an increase of 51,420 (10.4%) from the 2012 employment level of 494,130. While job gains are anticipated in nearly all major economic sectors, the individual industries within the sectors are projected to grow at different rates. Employment in the Retail Trade sector is projected to grow at below average rates, while employment in Building Material and Garden Equipment and Supplies Dealers (+18.2%), a subsector within Retail Trade, is projected to grow at significantly higher than average rates.  

We consider an expanding industry to be one that is growing at a faster rate than the rest of the economy.  

Any industry that is expected to grow by at least 10.5 percent and add a minimum of one hundred jobs during the 2012-2022 projection period or any industry that is projected to add a minimum of 100 jobs annually, regardless of the growth rate is classified as an “expanding industry”.  

A declining industry is considered to be any industry, with a minimum employment level of 100, that is expected to show negative job growth resulting in the loss of fifty jobs or more during the 2012-2022 projection period.  

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RI Department of Labor and Training
Labor Market Information
Center General Complex
1511 Pontiac Avenue, Cranston, RI 02920

Phone: (401) 462-8740
Fax (401) 462-8766
TTY via RI Relay: 711
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