Posts Tagged ‘recession’
The Lardaro Report: Rhode Island’s economy was ‘back to neutral,’ showed positive signs out of recession
Rhode Island’s economic performance for September was a move back to neutral, however several signs point to the local economy being a bit better than they appear, according to University of Rhode Island economist Leonard Lardaro. September’s CCI value, at 50, matched the marks set in July, April and January. Lardaro suggests there is some…
Read MoreRhode Island in a Recession. Weak Economic Indicators. Tricky Call – URI Economist Lardaro
URI’s longtime economic analyst says the data show recession-level weakness — yet he admits the verdict isn’t clear-cut. Rhode Island’s economic performance for August plummeted and the state is now in a recession – that’s the proclamation on October 14th of of University of Rhode Island economist Leonard Lardaro. Recent reports suggest Rhode Island is…
Read MoreURI economist Leonard Lardaro: Rhode Island’s disappointing economic momentum continues
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…
Read MoreURI economist Lardaro fears Rhode Island entering a recession
Len Lardaro fears RI in recession
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