URI economist Leonard Lardaro: Rhode Island’s disappointing economic momentum continues

A man with a yellow tie.

There has been a well-defined downward trend in Rhode Island’s economic momentum that has existed since the late summer of 2022, leading to continued economic weakness in July, said University of Rhode Island economist Leonard Lardaro. Lardaro’s Current Conditions Index, which reflects cyclical economic momentum, has registered in either contraction or neutral territory for all…

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