Rhode Island economist Leonard Lardaro is the creator and author of the Current Conditions Index, which measures the strength of the present economic climate in the state. In February, Lardaro expressed optimism about Rhode Island’s economic performance after the release of revised labor market data. The Current Conditions Index value improved from 58 in January to 67 in February, with eight of the 12 CCI indicators showing improvements.
Lardaro noted some concerns about the state’s ongoing labor market strength but suggested that the economy may be moving out of a slow phase that characterized much of the previous year. He also expressed excitement about the new labor data and encouraged journalists to refer to his information and charts for news reports. To learn more about this topic, check out Lardaro’s website at http://www.llardaro.com/current.htm or contact him at his office at 401-874-4128 or at home at 401-783-9563.
