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URI economist: Rhode Island economy shows continued signs of recovery from pandemic WHAT: Rhode Island’s overall Current Conditions Index (CCI) rose to a value of 92 in May – up from its April value of 75 – a vast improvement over where the state has been as numerous values continue to improve, says University of Rhode Island economist Leonard Lardaro. With 11 of 12 CCI indicators improving relative to their position in May 2020, the state continues its journey toward economic restoration helped along by monetary policy as well as fiscal stimulus. Lardaro cautioned that despite recent economic improvement the state would likely not be returning to “normal” as it existed prior to the pandemic, but a “new normal” impacted by the loss of many small businesses, structural changes in the way firms produce goods and services – such as increased automation – among other factors.   

Rhode islandUnited statesUniversity of rhode islandLeonard lardaroDepartment of communicationsEmployment services jobsCurrent conditions indexManufacturing hoursSingle use permitsNew claimsEconomics leonard lardaroCurrent conditionsரோட் தீவுஒன்றுபட்டது மாநிலங்களில்பல்கலைக்கழகம் ஆஃப் ரோட் தீவுதுறை ஆஃப் தகவல்தொடர்புகள்