Tag: Recession
A U.S. recession began in Feb. in the face of coronavirus
WASHINGTON (AP) – The United States economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday,...
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...
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...
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...
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...
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...
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