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GROWTH ­BARRIER: Thomas Tzitzouris, head of fixed income research at Strategas Research Partners, tells attendees of Providence Business News’ recent Economic Trends Summit that limited small-business creation is a weak spot in the state’s economy. 
PBN FILE PHOTO/MIKE SKORSKI

Glass half empty or full, economy needs biz investment to soar

Whatever your opinion is about the health of Rhode Island’s economy, there’s data to support it. If you think there’s cause for celebration, avoiding to...
R.I. COMMERCE SECRETARY Elizabeth M. Tanner, second from left, discusses the state's economic picture at Providence Business News' Economic Trends Summit on Wednesday morning at the Providence Marriott. Also participating in the panel discussion is, from left, William C. Tsonos, Bank Rhode Island CEO and president; Thomas Sweeney, owner and principal of Sweeney Real Estate & Appraisal; Marianne Raimondo, dean of the Rhode Island College School of Business; and Kristen Adamo, president of the Providence Warwick Convention & Visitors Bureau. The discussion was moderated by PBN Editor Michael Mello, far right. / PBN PHOTO/MIKE SKORSKI

PBN summit: A soft landing for economy that’s still ‘fragile underneath’

PROVIDENCE – The likelihood of a recession, once thought inevitable, will be forestalled or fail to materialize, at least within the next 12 to...
ROOM TO RUN: Robert Wheeler, co-owner of Friends of Toto Inc. in Pawtucket, spent $400,000 to double his business space but must now attract more customers to cover the cost. 
PBN FILE PHOTO/­MICHAEL SALERNO

It’s not if but when on recession, so get ready

Inflation and a looming recession have weighed heavily on local business owners and state leaders for months. And with good reason, as this week’s...

If a recession comes this year, how will it affect the...

Thomas Tzitzouris, head of fixed income research at Strategas Research Partners, expects the Federal Reserve will raise its benchmark interest rate until it maxes...
THE FORECASTERS: Panelists participating in PBN’s Economic Trends Summit on Feb. 10 discuss what the future holds for Rhode Island’s economy. Clockwise from top left are PBN Editor Michael Mello, who served as moderator; Thomas Sweeney, owner of Sweeney Real Estate and Appraisal; Jeffrey Diehl, CEO and executive director for the Rhode Island Infrastructure Bank; Thomas Tzitzouris, head of fixed income research for Strategas Research Partners; Elizabeth “Betty” Robson, CEO of J.F. Moran Co.; and Craig Pickell, chairman and CEO of Bullard Abrasives Inc.

Plenty of challenges ahead, but which to solve first?

Inflation. Supply chain bottlenecks. Worker shortages. The pandemic-induced fires are spreading fast, and companies are struggling to figure out which ones to put out first. Local...
UPHILL CLIMB: A chart from Thomas Tzitzouris, head of fixed income research for Strategas Research Partners, shows that the consumer price index has shot up from near 0% at the beginning of the COVID-19 pandemic to about 7% in January. / COURTESY STRATEGAS RESEARCH PARTNERS

Economist: Inflation isn’t going to fade soon

To those grappling with skyrocketing prices, Thomas ­Tzitzouris has bad news: price hikes aren’t going away anytime soon. Inflation will continue to be the story...
ECONOMIC CONCERNS: Panelists, from left, Kristen Urbach, Thomas O. Sweeney, Stefan Pryor, Mark K. W. Gim and Luke Ebersold discuss a variety of concerns at the PBN Economic Trends Summit while moderator Thomas Zitzouris looks on. / PBN PHOTO/MIKE SKORSKI

PBN summit: High business costs, education are concerns in R.I.

The Rhode Island economy has come a long way since the dark days of the Great Recession, when the unemployment rate was among the...
SUNNY OUTLOOK: Thomas Tzitzouris, director for Strategas Research Partners in New York, tells attendees at the Providence Business News Economic Trends Summit that although the year has gotten off to a sluggish start, he predicts a 2% growth rate in the gross national product in 2020. / PBN PHOTO/ MIKE SKORSKI

Economist doesn’t believe recession in the forecast

Some businesspeople might feel there’s an economic downturn looming ahead, but Thomas Tzitzouris doesn’t see it that way. “There is no reason to suspect there...
POSITIVE PICTURE: PBN Economic Trends Summit keynote speaker Osborne Jackson, senior economist with the Federal Reserve Bank of Boston, tells attendees employment, labor-market participation, housing prices and consumer confidence are in generally healthy condition in Rhode Island. 
 / PBN PHOTO/RUPERT WHITELEY

Summit attendees encouraged by healthy condition of R.I., N.E. economies

Osborne Jackson, senior economist with the Federal Reserve Bank of Boston, offered a generally positive image of Rhode Island’s and New England’s current economic...
CONFIDENCE WANING? Matt Fair, center, of Hayes & ­Sherry Real Estate Services, listens with colleagues during PBN’s first Economic Trends Summit in Providence on Feb. 15. Panelists said perennial concerns such as rising health care costs and uncertainty about changing federal policies are dampening optimism about an otherwise strong economy.
 / PBN PHOTO/RUPERT WHITELEY

Optimism tempered by uncertainty

Rhode Island’s economy is doing well, but a handful of perennial bugaboos, along with actions at the federal level, have dampened the business community’s...
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