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…
Newly released data from the Internal Revenue Service shows a record loss of high-income tax filers and their families in 2015 following the state’s second largest tax increase. A total of $2.6 billion in adjusted…
The personal income growth for Connecticut residents was the slowest in the nation since 2007, according to a report by Pew Charitable Trusts. Personal income in Connecticut for 2017 actually dipped .6 percent into the…
Connecticut’s government spending outpaced the state's gross domestic product by a wide margin since 1990, according to a review of past figures compiled at U.S. Government Spending, an online database of state and federal spending.…
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] A fiscal stress test of all fifty states by Moody’s Analytics showed that Connecticut faces significant risks if the country experiences another recession - even…
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Connecticut has long been known for having a high population of wealthy individuals, but according to a recent report Connecticut has fallen far behind other…
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Jake Oulette is 27 years old and taking adult education classes at Norwich Technical High School. He is also making good pay and benefits working…
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Everyone knows that living in Connecticut is expensive, but how far will $100 get you in the Nutmeg State? A state-by-state study conducted by the…
Aetna assured Connecticut lawmakers that it will leave most of its employee workforce in Hartford and would only move its top executives to its new location in New York City. But even the loss of…
In what is becoming an all-too-familiar occurrence, the CEO of a major Connecticut company issued a politely-worded piece asking state lawmakers to “take the steps necessary to support the long-term economic sustainability of the state.” Stanley…
