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 pandemic and the economic downturn. Below is a series of slides created by Chief Economist ...
With only a few months left in the year, it is almost certain that 2020 will mark the largest annual job loss in Connecticut’s history going back to 1960 due to the pandemic and, according to research, it is likely Connecticut will have a long and slow employment recovery. Connecticut’s ...
The State of Connecticut and municipalities face a substantial burden – and now threat – from pension and retiree healthcare funds, as the stock market has plunged in recent weeks, which could leave taxpayers on the hook for higher annual payments. Pension and retirement healthcare funds are invested in the ...
Newly released estimates from the U.S. Census Bureau shows Connecticut’s outmigration rate is worsening compared to the rest of the country. Connecticut’s net loss of population ranks sixth in the county for 2018. Just one year ago, Connecticut’s outmigration rate was eighth highest. That’s according to figures analyzed by Donald ...
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 ...
My two-year old grandson, Kellan, who lives in Connecticut is in trouble, but doesn't know it yet. I haven't had the heart to tell him he owes some money, some BIG money. At stake is my grandson's economic future, and his chances of getting a solid career here in the state are dwindling.