R.I. CONTINUES TO CLIMB OUT OF ECONOMIC RECESSION, SAYS URI ECONOMIST

KINGSTON, R.I., Sept. 18 -- The University of Rhode Island issued the following news release:

Sept. 18, 2026

WHAT: Rhode Island's economic performance for July has exceeded what aggregate numbers indicate, providing further evidence that the state is in the early stages of emerging from a shallow recession, according to University of Rhode Island economist Leonard Lardaro. July's Current Conditions Index value of 50 marks the fourth time in the last five months that a monthly CCI showed at least 50, which is a neutral value, or better.

Lardaro says the state finds itself in a period where economic indicators show substantial strength, while those that fail to improve are only doing so by a small amount. While it is common for an improvin...