Lardaro: CCI contracts in Sept. despite promising improvements

THE CURRENT CONDITIONS Index for Rhode Island in September was 58, indicating economic expansion despite reflecting a slowdown from one year prior. / COURTESY LEONARD LARDARO
THE CURRENT CONDITIONS Index for Rhode Island in September was 58, indicating economic expansion despite reflecting a slowdown from one year prior. / COURTESY LEONARD LARDARO
PROVIDENCE - The Current Conditions Index value for Rhode Island in September was 58, a decline from 75 one year prior, according to University of Rhode Island economist Leonard Lardaro Monday. A value above 50 indicates economic expansion, while a value under 50 represents contraction. Lardaro said that while the overall CCI value appears to…

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