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Lardaro on R.I.’s economy: ‘We’ll have to settle for what we...

PROVIDENCE – The Ocean State's economy has turned into a mixed picture with several aspects of its economy improving while others appear to be...

Lardaro: R.I.’s economy is ‘largely out of our hands’

PROVIDENCE – University of Rhode Island economist Leonard Lardaro says the state's economic health depends less on what it does than on how well...

Lardaro: R.I.’s economy could be moving past ‘absolute bottom,’ but relief...

PROVIDENCE – University of Rhode Island economist Leonard Lardaro said he hopes that the state has moved past the "absolute bottom" of economy activity...

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...
The Current Conditions Index in Rhode Island for March 2020

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...
STANDING HER GROUND: Karen Santilli, director of Crossroads Rhode Island, is hopeful that an affordable-housing program included in Gov. Gina M. Raimondo’s initial budget proposal will survive despite the state’s new revenue woes. / PBN PHOTO/MICHAEL SALERNO

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...
ECONOMIST LEONARD LARDARO said a projection that found Rhode Island will see a 16% unemployment rate due to the COVID-19 pandemic was "too optimistic." / PBN FILE PHOTO MICHAEL SKORSKI

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,...
BOOKS TO GO: Jennifer Kandarian, manager of Books on the Square in Providence, has opened a drive-up book drop at the back door for elderly patrons and others too nervous to walk inside the store during the COVID-19 pandemic. / PBN PHOTO/MICHAEL SALERNO

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...
THE CURRENT Conditions Index value for Rhode Island was 75 for January, but economist Leonard Lardaro said the state is about to see an recession of uncertain magnitude. / COURTESY LEONARD LARDARO

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...
THE RHODE ISLAND current conditions index had a value of 92 in December, its highest value in 2019. / COURTESY LEONARD LARDARO

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...

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