WHAT: Rhode Island’s Current Conditions Index (CCI) for July rose to 100, exceeding its upwardly revised value of 92 from June with all 12 of its economic indicators showing improvement relative to their position this time last year according to URI Professor of Economics Leonard Lardaro. Among them, Retail Sales, Manufacturing Hours, Employment Service Jobs and Single-Use Permits all improved at double-digit rates, while New Claims for unemployment insurance fell by 35.9 percent. Though he cautioned that these improvements do not mean Rhode Island’s economy has returned to pre-pandemic levels, Lardaro also stated the recent values show the recovery has been gaining momentum with July signifying the state now has  the “pedal to the metal.” However, Lardaro notes that despite improvement, a number of key

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