Lardaro: R.I.’s CCI hit high for 2019 in Dec.

THE RHODE ISLAND current conditions index had a value of 92 in December, its highest value in 2019. / COURTESY LEONARD LARDARO
THE RHODE ISLAND current conditions index had a value of 92 in December, its highest value in 2019. / COURTESY LEONARD LARDARO
PROVIDENCE – The state’s Current Conditions Index hit its highest mark of 2019 in December, spiking to 92 for a 34-point jump from the year prior, according to University of Rhode Island economist Leonard Lardaro. A value greater than 50 indicates economic expansion, while less than 50 means contraction. Lardaro was optimistic in a report…

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