Lardaro: R.I. did not experience a ‘statistical recession’ in 2023

RHODE ISLAND’S economy did not experience a
RHODE ISLAND’S economy did not experience a "statistical recession" in 2023 as originally thought, according to University of Rhode Island economist and professor Leonard Lardaro.  / PBN FILE PHOTO/MICHAEL SALERNO

PROVIDENCE – Rhode Island’s economy did not experience a “statistical recession” last year as originally believed, University of Rhode Island economist and professor Leonard Lardaro concluded Tuesday in his monthly Current Conditions Index report.  The index that Lardaro publishes each month had an expansion value of 58 in January, the same as in November and

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