The Connecticut Restaurant Association estimates that as many as 600 restaurants have closed permanently as a result of the COVID-19 pandemic and subsequent business restrictions but another wave of closures in the leisure and hospitality…
Economy
Republicans from the House of Representatives held a press conference today outlining a plan for the state to provide relief for bars and restaurants that remain either closed or under strict capacity guidelines due to…
Connecticut continued its nearly eight-year streak of losing more residents to other states in 2019, as the state saw a net loss of more than 22,000 residents, the fifth highest number of outmigrants in the…
Waterbury had one of the highest increases in the percentage of residents renting apartments in the country, while Hartford, on the other hand, saw one of the highest increases in homeownership over the last ten…
The Inner-City Foundation for Charity and Education, based in Bridgeport, announced it was closing its nearly 30-year operation after corporate donations dried up, donors left for other states and the pandemic ended their ability to…
Connecticut’s job growth in 2019 was dead last in the country and only 48th since 2010, according to Connecticut Department of Labor report released on election day. According to the Connecticut Economic Digest, “Idaho, Arizona,…
The Department of Economic and Community Development offers loans, grants and business tax credits to qualifying businesses under a variety of program intended to boost economic activity and jobs in the state. But according to…
On Thursday October 15, Yankee Institute held an online forum with four renowned economists who discussed the current and future state of both Connecticut's economy and the national economy in the wake of the COVID-19…
A large and sweeping labor bill sponsored by U.S. Rep. Rosa DeLauro would change how workers are classified as independent contractors, make shareholders liable for labor violations and requires employers be responsible for workers’ rights…
A new annual report from Truth in Accounting found Connecticut has $67 billion in bonded debt and unfunded retirement costs, making it the third most indebted state per taxpayer in the nation. The total debt,…