August CCI reflects lowest value of the year

THE CURRENT CONDITIONS INDEX for Rhode Island in July was 67, the lowest recorded value for the year so far, following revisions to July CCI measurements. / COURTESY LEONARD LARDARO
THE CURRENT CONDITIONS INDEX for Rhode Island in July was 67, the lowest recorded value for the year so far, following revisions to July CCI measurements. / COURTESY LEONARD LARDARO
SOUTH KINGSTOWN – Following July revisions, eight points were lost month to month in the August Current Conditions Index as the measure declined to 67, according to University of Rhode Island Economist Leonard Lardaro Monday. “The August value, along with the recent progression, are discouraging as the CCI fell to its lowest value this year…

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