Eviction cases in Hartford and Bridgeport have remained far below historical averages since the Supreme Court overturned the federal eviction moratorium, according to an analysis by Eviction Lab at Princeton University. Researchers found that in
Economy
Connecticut added 8,600 private-sector jobs in May, its biggest monthly gain since September, but the state has a long way to go to recoup its early pandemic losses. The state Labor Department figures released yesterday show Connecticut remains an estimated 93,300 jobs short of employment levels in February 2020, after
International oil giant BP has been lobbying for Connecticut’s General Assembly to pass the Transportation and Climate Initiative program to lower transportation emissions, but the company could end up profiting from the cap and trade
As the federal Food and Drug Administration moves forward with plans to ban the sale of menthol cigarettes and flavored tobacco, Connecticut’s Finance, Revenue and Bonding Committee opted to give menthol cigarettes a pass while
Connecticut entered the COVID-19 pandemic with roughly half the money in its unemployment trust fund needed to withstand a typical recession and subsequently, the state had to borrow $894 million from the federal government in
The City of Hartford’s Court of Common Council voted in March to create a task force to assess the possibility of a universal basic income pilot program for some of its residents. The task force
Connecticut has for many years been labeled the richest state in the nation because of its highest-in-the-nation per capita income, but that may be rapidly changing according to figures from the U.S. Bureau of Economic
The Department of Economic and Community Development, which awards low-interest, forgivable loans and tax credits to businesses, has been all too forgiving and generous, according to a new audit. Loans and tax credits made to
A bill granting up to 30 years of property and sales tax exemptions for data centers in Connecticut passed in the House of Representatives 133-13 under an emergency certification. Although the legislation has been in
Gov. Ned Lamont labeled his proposed budget “Connecticut’s Comeback” and that may be true in regard to Connecticut surviving the fiscal impact of the pandemic better than expected, but, according to the governor’s economic report,