Tag: Recession
Lardaro: Weak March performance brings R.I. closer to recession
PROVIDENCE – University of Rhode Island economist and professor Leonard Lardaro said Tuesday he is more convinced that Rhode Island is continuing to move...
Don’t panic: R.I. business leaders advise caution, planning
PROVIDENCE – Business leaders in Rhode Island are urging caution and careful planning as the nation braces itself for a recession, interest rates continue...
Survey: Small business remains bullish about prospects
PROVIDENCE – The majority of U.S. small-business owners, 72%, are concerned about the impact of a potential recession, however 76% are confident their business...
Key inflation gauge tracked by Fed remained high in March
WASHINGTON (AP) – A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed...
Fed policy may be paying off, but pain to come
The latest jobs report shows that the Federal Reserve’s policy on inflation appears to be working. That’s the good news. The bad news is...
Recession concerns?
Are you concerned about a possible recession looming?
Yes: 100%
No: 0%
Was your company impacted in any way from the 2008 recession?
Yes: 100%
No: 0%
Are recession fears...
With recession looming, think big on tourism
This is a big year for Rhode Island tourism, starting with the impending release of the first major statewide campaign since 2017.
Rhode Island tourism...
2023 U.S. recession now expected to start later than predicted
WASHINGTON (AP) – A majority of the nation's business economists expect a U.S. recession to begin later this year than they had previously forecast,...
Preppin’ for RECESSION. PBN survey: Talk of a coming downturn is...
If and when the country will slip into a recession depends on who you ask, but the gloom is already settling over Rhode Island...
The pain of Uncle Sam’s higher interest payments
Consumers and businesses aren’t the only ones feeling the pain of higher borrowing costs because of Federal Reserve rate hikes. Uncle Sam is too.
The...