Home Economy Economic Activity Lardaro: Data still signals recession in R.I.

Lardaro: Data still signals recession in R.I.

RHODE ISLAND closed 2025 with another month of economic contraction, signaling an ongoing recession, says University of Rhode Island economist and professor Leonard Lardaro. / PBN FILE PHOTO/MICHAEL SALERNO
RHODE ISLAND closed 2025 with another month of economic contraction, signaling an ongoing recession, says University of Rhode Island economist and professor Leonard Lardaro. PBN FILE PHOTO/MICHAEL SALERNO

PROVIDENCE – The state’s economy still has the look and feel of a recession, failing to build momentum in December after hopeful signs of recovery the previous month, University of Rhode Island economist and professor Leonard Lardaro said Monday in his monthly Current Conditions Index report. The Current Conditions Index for December fell to 33,

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