CCI drops 8 more points in April

THE CURRENT CONDITIONS INDEX for April was 67. A CCI value above 50 indicates expansion, however, the number was Rhode Island's lowest value since November of 2016. / COURTESY LEONARD LARDARO
THE CURRENT CONDITIONS INDEX for April was 67. A CCI value above 50 indicates expansion, however, the number was Rhode Island's lowest value since November of 2016. / COURTESY LEONARD LARDARO
SOUTH KINGSTOWN – In a second consecutive month of loss, the Current Conditions Index compiled by Leonard Lardaro, a University of Rhode Island economist, fell another eight points to 67. “Not only was April’s CCI its lowest this year, it was the lowest value extending all the way back to November of 2016,” said Lardaro…

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