Newswise — SMITHFIELD, R.I. – The Current Economic Indicator (CEI), a new way to evaluate the health of Rhode Island’s economy, will be discussed on Tuesday, March 8, at Bryant University’s economic forum on the state’s business climate.

The CEI combines several key gauges of economic activity into a single statistic that measures the overall current economic conditions in Rhode Island. It is calibrated to grow at the rate of the Real Gross State Product and therefore can be interpreted as the underlying growth rate of the state economy, said Edinaldo Tebaldi, Ph.D., assistant professor of economics at Bryant University.

Tebaldi, who also is the Rhode Island co-forecaster for the New England Economic Partnership, will discuss the CEI for the fourth quarter of 2010 at 12:15 p.m. in Stepan Grand Hall of Bryant University’s Bello Center, 1150 Douglas Pike.

Quarterly briefings on the CEI will be distributed through a newsletter jointly published by Bryant University and the Rhode Island Public Expenditures Council. Copies of the briefing will be available at the March 8 forum. The briefing also will be posted online as a .pdf after the March 8 forum.