Lardaro sees hope for R.I. on monthly basis

THE CCI was 50 in October and September, down from 67 in the same months a year earlier, but up from the August value of 42. / COURTESY LEONARD LARDARO
THE CCI was 50 in October and September, down from 67 in the same months a year earlier, but up from the August value of 42. / COURTESY LEONARD LARDARO
SOUTH KINGSTOWN – University of Rhode Island economist Leonard Lardaro said that although year-over-year comparisons show a “bland” picture for the local economy in October, a “somewhat more optimistic picture” emerges on a monthly basis in his Current Conditions Index. The index registered a neutral value of 50 in October, marking the eighth consecutive month…

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