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GROWTH ­BARRIER: Thomas Tzitzouris, head of fixed income research at Strategas Research Partners, tells attendees of Providence Business News’ recent Economic Trends Summit that limited small-business creation is a weak spot in the state’s economy. 
PBN FILE PHOTO/MIKE SKORSKI

Glass half empty or full, economy needs biz investment to soar

Whatever your opinion is about the health of Rhode Island’s economy, there’s data to support it. If you think there’s cause for celebration, avoiding to...
ECONOMIC STIMULUS: Thomas Tzitzouris, head of fixed income research at Strategas Research Partners, tells attendees of Providence Business News’ Economic Trends Summit that the U.S. Treasury has been performing CPR lately – “consumer purchase resuscitation.” 
PBN PHOTO/MIKE SKORSKI

Influence of election cycle on economic policy is questioned

The 2024 race for the White House is already influencing federal economic policy and market behavior and will continue to do so until voters...
R.I. COMMERCE SECRETARY Elizabeth M. Tanner, second from left, discusses the state's economic picture at Providence Business News' Economic Trends Summit on Wednesday morning at the Providence Marriott. Also participating in the panel discussion is, from left, William C. Tsonos, Bank Rhode Island CEO and president; Thomas Sweeney, owner and principal of Sweeney Real Estate & Appraisal; Marianne Raimondo, dean of the Rhode Island College School of Business; and Kristen Adamo, president of the Providence Warwick Convention & Visitors Bureau. The discussion was moderated by PBN Editor Michael Mello, far right. / PBN PHOTO/MIKE SKORSKI

PBN summit: A soft landing for economy that’s still ‘fragile underneath’

PROVIDENCE – The likelihood of a recession, once thought inevitable, will be forestalled or fail to materialize, at least within the next 12 to...
Thomas Tzitzouris

Politics of bank regulation never about making banks safer

The modern banking structure has been around for at least 700 years. And banks have been failing for 700 years. From 1980 until the early...
MORE EFFORT NEEDED: Rhode Island needs better infrastructure, more housing and more effort to foster emerging industries, according to panelists at Providence Business News’ Economic Trends Summit on Jan. 26, which included from left: keynote speaker Thomas Tzitzouris, head of fixed income research at New York City-based Strategas Research Partners; Karl Wadensten, CEO and president of VIBCO Inc.; Peter Phillips, chief investment officer at Washington Trust Wealth Management; Julietta Georgakis, chief of staff for the R.I. Executive Office of Commerce; and Kevin Casey, vice president of sales at Sweeney Real Estate & Appraisal.
PBN PHOTO/MIKE SKORSKI

PBN summit: With recession looming, R.I. economy faces big test

The predicted downturn in 2023 will test Rhode Island’s business owners in a state that has yet to adequately prepare its labor force with...
JOB MARKET SHIFTS: The ratio of job openings to unemployed people stood at nearly 2 to 1 near the end of 2022, a big difference from the ratio two years earlier at the start of the COVID-19 pandemic. 
COURTESY STRATEGAS RESEARCH PARTNERS

Economist at PBN summit: Job market remains crucial question mark

Thomas Tzitzouris sees jobs as the big economic “wild card” in 2023. A labor market characterized by low unemployment can have a downside for businesses...
ROOM TO RUN: Robert Wheeler, co-owner of Friends of Toto Inc. in Pawtucket, spent $400,000 to double his business space but must now attract more customers to cover the cost. 
PBN FILE PHOTO/­MICHAEL SALERNO

It’s not if but when on recession, so get ready

Inflation and a looming recession have weighed heavily on local business owners and state leaders for months. And with good reason, as this week’s...

If a recession comes this year, how will it affect the...

Thomas Tzitzouris, head of fixed income research at Strategas Research Partners, expects the Federal Reserve will raise its benchmark interest rate until it maxes...
KARL WADENSTEN, second from left, CEO and president of VIBCO Inc., makes a point during the panel discussion at Providence Business News' 2023 Economic Trends Summit in Providence on Thursday. Also on the panel is, from left, Thomas Tzitouris, head of fixed income research at Stratgas; Peter R. Phillips, senior vice president and chief investment officer at Washington Trust Wealth Management; Julietta Georgakis, chief of staff for the R.I. Executive Office of Commerce; and Kevin Casey, vice president of sales at Sweeney Real Estate & Appraisal. At far right is PBN Editor Michael Mello, the moderator. / PBN PHOTO/MIKE SKORSKI

PBN summit panel: Economic indicators say recession coming in 2023

PROVIDENCE – In many ways, the party is over. At least that's the way the panelists at Providence Business News’ Economic Trends Summit on Thursday...

The price of tampering with free markets

When you mess with Mother Nature, she tends to mess back. Rampant inflation is just the latest example of what should now be common...
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