Tag: Leonard Lardaro
Lardaro: At its lowest, R.I. could use COVID-19 crisis as opportunity...
PROVIDENCE – University of Rhode Island economist Leonard Lardaro said he hopes April is the “absolute bottom” for the struggling economies of the state and...
Lardaro: R.I. economy may not recover for another two to five...
PROVIDENCE – University of Rhode Island economist Leonard Lardaro does not expect the state’s economy to return to where it was before the COVID-19...
Unkindest cuts: Many casualties expected as R.I. begins ‘brutal’ budget process
The future looked encouraging for Karen Santilli just a few months ago. In mid-January, Gov. Gina M. Raimondo released a $10.2 billion fiscal 2021 budget...
Lardaro: R.I. could see over 20% unemployment, years of recovery due...
PROVIDENCE – University of Rhode Island economist Leonard Lardaro thinks unemployment in Rhode Island could rise to over 20% due to the COVID-19 pandemic,...
Coronavirus pandemic deals sudden, crushing blow to R.I. businesses
Like many small businesses, Books on the Square has a manager who keeps a close eye on numbers and trends. More than three weeks...
Lardaro: R.I.’s CCI hits 75 in January, but economy in for...
PROVIDENCE – Although the state’s Current Conditions Index showed a 17-point year-over-year increase with a mark of 75 in January, Rhode Island’s economy is...
Lardaro: R.I.’s CCI hit high for 2019 in Dec.
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...
Lardaro: R.I. CCI index dips in Nov.
PROVIDENCE – Rhode Island’s Current Conditions Index fell to 67 in November, a 16-point drop from the previous year, according to a report released...
Economists say next downturn won’t be as bad for R.I.
Rhode Island has cranes in the sky, unemployment below 4%, new companies such as Infosys Ltd. and new jobs have arrived in its capital...
Get ready for next recession
While fears of an imminent recession appear to be fading, it is not a question of if but when the next one is felt...
