Lardaro: Weak March performance brings R.I. closer to recession

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UNIVERSITY OF RHODE ISLAND economist and professor Leonard Lardaro said Tuesday he is more convinced than ever that Rhode Island is continuing to move toward a recession after a weak performance in March. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – University of Rhode Island economist and professor Leonard Lardaro said Tuesday he is more convinced that Rhode Island is continuing to move toward a recession after a weak performance in March.  The Current Conditions Index that Lardaro publishes each month had a contraction value of 42 in March, a decrease from the expansion…

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