Citizens: National business conditions see improvement in Q2 but decline in R.I.

CITIZENS BANK'S QUARTERLY BUSINESS CONDITIONS INDEX showed a three-year high in national business conditions, though the state index for Rhode Island dropped in the second quarter. / PBN FILE PHOTO
PROVIDENCE – While a strong post-pandemic rebound pushed nationwide business conditions to a three-year high in the second quarter, Rhode Island’s business climate worsened, according to Citizens Bank’s Quarterly Business Conditions Index published on Thursday. The national second-quarter index value of 57.18 represents a 3.2% boost over the prior quarter and a 9.5% increase over a…

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