WHAT: After falling into a period of aggregate weakness, Rhode Island\u2019s economy is perking up, says 溏心vlog免费B站 economist Leonard Lardaro. The creator of the Current Conditions Index points to a November CCI of 58, an expansion value and an improvement over what we have seen throughout most of 2023. There were several encouraging indicator performances including Single-Unit Permits, Retail Sales, Manufacturing Wage, Government Employment and\u2013according to Lardaro, most importantly\u2013Labor Force, which rose not only on a monthly, but also a yearly basis. He cautioned, however, that three of five leading indicators\u2013New Claims for Unemployment, Employment Service Jobs, and Total Manufacturing Hours\u2013failed to improve. This improving momentum may be enough to move Rhode Island out of its statistical recession, says Lardaro, who adds that upcoming revisions to labor market data will help shed additional light on how much underlying economic momentum the state possesses.<\/p>\n\n\n\n
WHO: 溏心vlog免费B站 Professor of Economics Leonard Lardaro, creator and author of the Current Conditions Index.<\/p>\n\n\n\n
WHEN: Jan. 11, 2024<\/p>\n\n\n\n
HOW: Use attached information, including summary and charts prepared by Lardaro for news reports. He is available for broadcast and print interviews. Lardaro will be blogging about the new labor data during the coming weeks. Additional information and historical data available online: http:\/\/www.llardaro.com\/current.htm<\/a>.<\/p>\n\n\n\n FOR INFORMATION: Leonard Lardaro, office, 401-874-4128, home, 401-783-9563. BACKGROUND: The Current Conditions Index, created by Lardaro, measures the strength of the present economic climate in Rhode Island by following the behavior of 12 indicators.<\/p>\n\n\n\n WHAT: After falling into a period of aggregate weakness, Rhode Island\u2019s economy is perking up, says 溏心vlog免费B站 economist Leonard Lardaro. The creator of the Current Conditions Index points to a November CCI of 58, an expansion value and an improvement over what we have seen throughout most of 2023. There were several […]<\/p>\n","protected":false},"author":25,"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":[1848,2],"tags":[],"class_list":["post-91549","post","type-post","status-publish","format-standard","hentry","category-advisories","category-archives"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/91549","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\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/comments?post=91549"}],"version-history":[{"count":6,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/91549\/revisions"}],"predecessor-version":[{"id":96150,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/posts\/91549\/revisions\/96150"}],"wp:attachment":[{"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/media?parent=91549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/categories?post=91549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uri.edu\/news\/wp-json\/wp\/v2\/tags?post=91549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Dawn Bergantino, 溏心vlog免费B站 Department of Communications and Marketing, 401-874-4147.<\/p>\n\n\n\n