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Tag: Recession

SPECIAL DELIVERY: Perella’s Ristorante chef-owner Lou Perella not only cooks the food but is now delivering it, here to CJ Audet-Kelly. / PBN FILE PHOTO/RUPERT WHITELEY

Down, but not out: R.I., bizs hurting but also stepping up

The bold headline at the top of Page 1 in PBN’s first digital-only edition in its 34-year history says it all: KNOCKED DOWN, BUT...
RIGHT APPROACH? Unlike her predecessor, Gov. Gina M. Raimondo has made heavy use of tax incentives to grow business in the Ocean State. / PBN FILE PHOTO/MICHAEL SALERNO

Commerce RI well-positioned to help state weather a recession

In her more than five years in office, Gov. Gina. M. Raimondo has transformed how the state approaches economic development, largely through a revamped...
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...

What’s powering the economy? Frankly, it’s a mystery

The U.S. economy’s steady growth – the longest stretch since World War II without a recession – is something of a mystery. Last summer,...

The strength of U.S. consumers is overstated

The consensus is that the U.S. consumer is still strong enough to propel the economy forward even though the manufacturing sector has weakened. But...

Five Questions With: Peter Nigro

Peter Nigro is the Sarkisian chair in financial services at Bryant University. He spoke to PBN about the economic outlook for 2020 and the...
KEEPING TABS: Leonard Lardaro, University of Rhode Island economics professor, says indictors for Rhode Island are looking grim, but he doesn’t foresee a coming downturn as severe as the previous one to hit the state. / PBN PHOTO/MIKE SKORSKI

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...

U.S. economy keeps defying the recession odds

It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened...

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