Providence RI Business Journal letter column

URI economic founded in May Drops INDEX: The current conditions index, a monthly gauge the economic strength of Rhode Island, slipping to 42 on May 58 in April. But Leonard Lardaro, the University of Rhode Island, is a professor of the index, warned that history perhaps not yet the nature of the local economy. Last year, for example, the index in May fell under its value neutral after two months at 50

Nevertheless, the index has shown, there has been improvement in only 5 of 12 records for calculating the tonnage for the month of May.

“How the U.S. economy, Rhode Island, the economic dynamics is crucial,” said Lardaro.

PROPOSAL OF PASSPORTS LNG terminal 1ST obstacle: A proposal for a liquefied natural gas terminal 13 miles to Gloucester, Massachusetts, New England would be the first offshore LNG, has received authorization. The developer, Excelerate Energy LLC, as there is a wide variety of audiences and federal regulatory hurdles before starting construction.

Massachusetts Environmental Secretary Stephen R. Pritchard approved a 19-pages-certificate for the draft report Excelerate impact on the environment.

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