The COVID-19 pandemic has rightly led to high praise and support by lawmakers and state officials for hospitals that face potentially overwhelming numbers of infected patients and for small businesses that have been forced to close their doors to the public, but that support comes after years of policies that ...
Amidst a severe downturn on Wall Street sparked by the COVID-19 virus and the shuttering of businesses across states to keep the spread of the virus minimal, Connecticut will face “considerable” economic fallout, according to economist Donald Klepper-Smith of DataCore Partners. Connecticut had only just recovered from the 2008 recession, ...
While perhaps not as big a box-office flop as The Adventures of Pluto Nash, Connecticut’s film tax credit program hasn’t resulted in significant job growth or economic gains, according to a new study conducted by the University of Southern California Sol Price School of Public Policy. Published in the academic journal, ...
Three of Connecticut’s largest cities were listed as having the slowest job growth among the 100 largest metropolitan areas in the country in a new report by the Arch Mortgage Insurance company. In their 2019 Housing and Mortgage Market Review, Hartford, New Haven and Bridgeport occupy the bottom three spots ...
The U.S. Bureau of Economic Analysis released state-by-state personal income growth figures for the first quarter of 2019 that showed Connecticut near the bottom of the list, placing 48th overall for income growth. Connecticut residents’ personal income grew only 1.5 percent — the lowest in the eastern half of the ...
Days after United Technologies announced it will move its corporate headquarters to the Boston area following a merger with Raytheon, a new policy paper from the Yankee Institute highlights many of the mistakes made by Connecticut regarding business in the state — especially forking over money to corporations. Coauthored by ...