CCI increases in Nov., but signs point to “weakening” economy

A 16-POINT INCREASE was measured in the November 2018 CCI compared to the October 2018 figure. However, the latest data still represents a 34-point decrease year over year when compared to November 2017. / COURTESY LEONARD LARDARO
A 16-POINT INCREASE was measured in the November 2018 CCI compared to the October 2018 figure. However, the latest data still represents a 34-point decrease year over year when compared to November 2017. / COURTESY LEONARD LARDARO
SOUTH KINGSTOWN – Characterizing November’s performance as a “reprieve” from October's results, University of Rhode Island Economist Leonard Lardaro announced the November Rhode Island Current Conditions Index value was 58, a 16-point increase from the prior month. Released Monday, the November 2018 CCI value represents a 34-point decline from the November 2017 value and the ninth month…

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