Thursday, January 6, 2011

A Look Back: The Current Conditions Index Since 2006

Sometimes a picture is worth a thousand words, or so the saying goes. The last several years have been very bleak for Rhode Island. Our state weakened then fell into recession well before most other states. At this point, Rhode Island is still in a recovery, or at least I think so, but I will continue to keep my fingers crossed anyway. The Current Conditions Index (CCI) report that will be released next week (and posted here and on my web site) will show exactly what I am referring to.

So, now for the picture. Below is a chart of the CCI since 2006 (click to enlarge). I don't think words do this justice, but I will allow you to judge for yourself.

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