Connect Greater Newport
Connect Greater Newport Economic Update Report September 2025
Key Takeaways:
Newport's unemployment rate remains below the state average as unemployment fell below pre-pandemic rates amid stability in the year-over-year rate.
The Newport region’s labor force and employment totals have risen slightly. The workforce overall remains highly educated and well-positioned to take on skilled jobs.
The job market is seeing fewer unique postings and decreasing wages, and remains not in alignment with the cost of living for the region.
Bristol and Newport Counties are feeling the effects of a cooling housing market, albeit at different rates. This could push more markets towards a more balanced market (Newport) or a buyer’s market (Bristol). Housing prices continue to climb with the median listing price in Newport at $1.19M.