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EXPECT A "painfully slow" recovery to the economy in Rhode Island, wrote Leonard Lardaro, an economist at the University of Rhode Island in the state's monthly Current Conditions Index report for September. / PBN FILE PHOTO MICHAEL SKORSKI

Lardaro: Expect a ‘painfully slow’ economic recovery in Rhode Island

PROVIDENCE – Expect a "painfully slow" recovery to the economy in Rhode Island, wrote Leonard Lardaro, an economist at the University of Rhode Island...
CHANGING WORKPLACE: Joe Morais, project leader at the Pawtucket Department of Public Works, is one of hundreds of city workers who will be filing for unemployment one day a week because Pawtucket is shutting down services on Fridays to save money. / PBN PHOTO/ELIZABETH GRAHAM

BUDGET CRUNCH: Revenue is down, deficit is up, and R.I. still...

Pawtucket Mayor Donald R. Grebien never thought he’d have to close down his city on Fridays to save money, but in the absence of...
PARTS OF Rhode Island's economy is moving in the right direction, but signs of hope continue to be blunted by ongoing issues, according to University of Rhode Island economist Leonard Lardaro. / PBN FILE PHOTO/MICHAEL SALERNO

Lardaro: There’s little to cheer about for R.I.’s economy

PROVIDENCE – Parts of Rhode Island's economy are moving in the right direction, but signs of hope continue to be blunted by ongoing issues,...

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,...
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