This smallest state is highly industrialized and the second most densely populated, after New Jersey. Entrepreneurs in Pawtucket launched New England's textile industry soon after the American Revolution. Today Rhode Island is known for making silverware and fine jewelry. Providence, a wholesale distribution center and seaport, lies at the head of Narragansett Bay and is home to one in six Rhode Islanders. Newport is famous for its yacht races, jazz festivals, and oceanside mansions.