{"id":66583,"date":"2008-05-12T00:00:00","date_gmt":"2008-05-12T00:00:00","guid":{"rendered":"https:\/\/www.uri.edu\/news-draft\/uncategorized\/uri-economist-says-2008-continues-to-be-nightmare-for-state-economic-index-hits-lowest-mark-ever-for-third-straight-month\/"},"modified":"2008-05-12T00:00:00","modified_gmt":"2008-05-12T00:00:00","slug":"uri-economist-says-2008-continues-to-be-nightmare-for-state-economic-index-hits-lowest-mark-ever-for-third-straight-month","status":"publish","type":"post","link":"https:\/\/www.uri.edu\/news\/2008\/05\/uri-economist-says-2008-continues-to-be-nightmare-for-state-economic-index-hits-lowest-mark-ever-for-third-straight-month\/","title":{"rendered":"äçÐÄvlogÃâ·ÑBÕ¾ economist says 2008 continues to be nightmare for state Economic index hits lowest mark ever for third straight month"},"content":{"rendered":"
\n\t\tWHAT: \tThe year 2008 continues to be a nightmare for Rhode Island\u2019s economy. The Index remains at 8 for March, pointing to a second and deeper recession phase. Fifty is a neutral value\u2014anything below that represents contraction, while anything above it represents expansion.<\/p>\n


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


\nWHEN: \tFor release today, May 12, 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":"

WHAT: The year 2008 continues to be a nightmare for Rhode Island\u2019s economy. The Index remains at 8 for March, pointing to a second and deeper recession phase. Fifty is a neutral value\u2014anything below that represents contraction, while anything above it represents expansion. WHO: Professor Leonard Lardaro, creator and author of the Current Conditions […]<\/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-66583","post","type-post","status-publish","format-standard","hentry","category-archives"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/66583","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=66583"}],"version-history":[{"count":0,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/66583\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/media?parent=66583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/categories?post=66583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/tags?post=66583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}