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,
economic growth
Connecticut’s economy is 81 percent of what it was in March before the shutdown of businesses due to the COVID-19 pandemic, according to a new “Back to Normal” index compiled by Moody’s Analytics and CNN
Since 2011, Connecticut has bonded nearly $1.8 billion for economic development, but the effort has produced little effect on the state’s economy. During the seven year period from 2011 through 2017, Connecticut’s gross domestic product