Lardaro: R.I. continues to recover from ‘shallow recession’

LEONARD LARDARO, economist at the University of Rhode Island, said the state continues to recover from a shallow recession, according to his Current Conditions Index report for July, released Friday. / PBN FILE PHOTO/MICHAEL SALERNO

PROVIDENCE – Rhode Island’s recovery from a shallow recession continues, University of Rhode Island economist Leonard Lardaro said Friday in his monthly Current Conditions Index report.  The Current Conditions Index for July was a neutral value of 50, down from 58 in June. A CCI value above 50 indicates an economic expansion compared with the previous year,

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