August Lardaro CCI signals positive third quarter

GROWTH witnessed in August is underlined by the fact that nine of 12 indicators in the Current Conditions Index, including unemployment rate, saw improvements, according to University of Rhode Island economist Leonard Lardaro. / COURTESY LEONARD LARDARO
GROWTH witnessed in August is underlined by the fact that nine of 12 indicators in the Current Conditions Index, including unemployment rate, saw improvements, according to University of Rhode Island economist Leonard Lardaro. / COURTESY LEONARD LARDARO
SOUTH KINGSTOWN – After a “truly disappointing” second quarter, University of Rhode Island economist Leonard Lardaro found the August current conditions index rose to 75 from the revised 67 measured in July, showing the start to a more positive third quarter. Released Wednesday, the CCI reported an eight percentage point jump in the month-to-month comparison.…

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