Elon Musk, the founder of SpaceX and Tesla, is offering one million Dogecoins (about $84,000) to anyone who can prove that he or his family ever owned an emerald mine.
Leonard Lardaro, a top economist at the University of Rhode Island, is voicing concerns about the state of the Rhode Island economy.
“I have become increasingly concerned that a number of indicators, specifically leading indicators, are continuing to fal
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Rhode Island’s economy continued to show signs of slowing in November, says University of Rhode Island Economist Leonard Lardaro, with the Current Conditions Index dropping from 75 to 67. While eight of 12 key CCI indicators showed improvement, their rate of growth has slowed. Further, those four indicators which failed to improve – U.S. Consumer Sentiment, Single-Unit Permits, Employment Service Jobs and New Claims for unemployment insurance, leading economic indicators – remained weak. Employment Service Jobs declined sharply after four months of improvement and 2 additional indicators – Retail Sales and Total Manufacturing Hours – slowed substantially. Although this was the 17th consecutive month in which Rhode Island’s economy expanded (a CCI above 50), Lardaro states the weakening of these indicators calls into question how rapid the pace of economic growth will be through the end of 2022 and into 2023. .