{"id":64074,"date":"2008-10-13T00:00:00","date_gmt":"2008-10-13T00:00:00","guid":{"rendered":"https:\/\/www.uri.edu\/news-draft\/uncategorized\/uri-economist-rhode-island-continues-to-set-records-for-poor-performance\/"},"modified":"2008-10-13T00:00:00","modified_gmt":"2008-10-13T00:00:00","slug":"uri-economist-rhode-island-continues-to-set-records-for-poor-performance","status":"publish","type":"post","link":"https:\/\/www.uri.edu\/news\/2008\/10\/uri-economist-rhode-island-continues-to-set-records-for-poor-performance\/","title":{"rendered":"äçÐÄvlogÃâ·ÑBÕ¾ economist: Rhode Island continues to set records for poor performance"},"content":{"rendered":"
\n\t\tAugust\u2019s Current Conditions Index drops to zero for second time this year<\/p>\n


\nWHAT: \tPrior to 2008, the Current Conditions Index had only registered a value of 8 a few times, and never for more than a single month. This year, 8 has become the norm, and in June, the index dropped to zero, the first time for such a value since 1980. In August, the index returned to zero with not one indicator improving. Fifty is a neutral value for the index; anything above indicates expansion while anything below indicates contraction.<\/p>\n


\nWHO: \tProfessor Leonard Lardaro, creator and author of the Current Conditions Index. <\/p>\n


\nWHEN: \tFor release today, October 13, 2008<\/p>\n


\nHOW: \tUse enclosed information, including summary and charts prepared by Lardaro for news reports. He is available for broadcast and print interviews. The new information and other historical information can also be found on Lardaro\u2019s web site at http:\/\/members.cox.net\/lardaro\/current.htm.<\/p>\n


\nFOR

\nINFORMATION: Leonard Lardaro, office, 401-874-4128, home, 401-783-9563

\nDave Lavallee, äçÐÄvlogÃâ·ÑBÕ¾ Department of Communications, 401-874-2116.<\/p>\n


\nBACKGROUND: \tThe Current Conditions Index, created by Lardaro, measures the strength of the present economic climate in R.I. by following the behavior of 12 indicators. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

August\u2019s Current Conditions Index drops to zero for second time this year WHAT: Prior to 2008, the Current Conditions Index had only registered a value of 8 a few times, and never for more than a single month. This year, 8 has become the norm, and in June, the index dropped to zero, the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-64074","post","type-post","status-publish","format-standard","hentry","category-archives"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/64074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/comments?post=64074"}],"version-history":[{"count":0,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/64074\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/media?parent=64074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/categories?post=64074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/tags?post=64074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}