- Associated Press - Thursday, October 17, 2019

PROVIDENCE, R.I. (AP) - An economist says advanced industries such as biotech and data analytics in Rhode Island are improving after the state’s economy was hit hard by the recession.

The Boston Globe reports Bruce Katz presented a summary of his upcoming report on Rhode Island’s long-term economic plan to the state Economic Development Planning Council Tuesday.

Katz was hired to update the state’s plan after writing a report in 2016 urging the governor to focus on advanced industry sectors, including biomedical innovation, cybersecurity and data analytics, and maritime technology and manufacturing. The full report is due by the end of the year.

Katz said Rhode Island essentially experienced an industrial collapse unlike any other state, and now is coming back.

Commerce Secretary Stefan Pryor says he’s pleased with the progress, but there’s more work to do.



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