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Lardaro: Some positive economic signs but concerns too

PROVIDENCE – Despite signs of economic expansion, it remains unclear if Rhode Island has emerged from its “statistical recession,” University of Rhode Island economist...

Retail sales rise in September, reflecting U.S. shoppers’ resilience

NEW YORK (AP) – Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled...
UNITED NATURAL Foods Inc. earned a profit of $24 million for its fiscal year that ended July 29, down from a $248 million profit one year prior, the company reported Tuesday. 

United Natural Foods profit plummets to $24M in fiscal 2023

PROVIDENCE – United Natural Foods Inc. saw its profit tumble to $24 million in the fiscal year that ended July 29 – down from...

U.S. consumer confidence tumbles in September as American anxiety about the...

WASHINGTON (AP) – The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated...

Retail sales rise 0.6% in August largely due to a spike...

NEW YORK (AP) – Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as...

Retail sales rose solidly last month in a sign that consumers...

NEW YORK (AP) – Americans increased their purchases at retailers last month – for clothing, dining out, sporting goods and other areas-- in a...

Lardaro: R.I. teetering toward recession

PROVIDENCE – Rhode Island is teetering toward a recession due to an abysmal economic performance in April and continued economic weakness, University of Rhode Island economist...

Retail sales rose 0.3% in May despite pressure from higher inflation...

NEW YORK (AP) – Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs. Thursday's report from the...

Retail sales up 0.4% in April from March, buoyed by solid...

NEW YORK (AP) – Consumers picked up their spending modestly in April from March, buoyed by a solid job market and easing inflationary pressures.  A...

Lardaro: No recession yet but it’s likely coming

PROVIDENCE – University of Rhode Island economist and professor Leonard Lardaro said Monday that Rhode Island is not in the early stages of a...
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