R.I. shows expansion in March, but just ‘barely,’ says Lardaro

WHILE THE CURRENT CONDITIONS INDEX indicated growth for Rhode Island's economy in March, author Leonard Lardaro characterized it as "ugly." / COURTESY LEONARD LARDARO
WHILE THE CURRENT CONDITIONS INDEX indicated growth for Rhode Island's economy in March, author Leonard Lardaro characterized it as "ugly." / COURTESY LEONARD LARDARO
SOUTH KINGSTOWN – The state experienced a “very disappointing” first quarter as Rhode Island’s economy was “expanding, but barely,” said University of Rhode Island economist Leonard Lardaro. Lardaro’s Current Conditions Index, released Monday, was 58, a seven-point decline from February’s 67, the same rating the CCI scored for February 2015. March’s figure also represented a…

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