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 […]
Economy
Budget numbers released by the Office of Fiscal Analysis show Connecticut’s budget deficit this year grew to over $1 billion, an increase of more than $687 million over the previous estimate. Gov. Ned Lamont had […]
Amidst a severe downturn on Wall Street sparked by the COVID-19 virus and the shuttering of businesses across states to keep the spread of the virus minimal, Connecticut will face “considerable” economic fallout, according to […]
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’ […]
Connecticut ranked 43rd in the country in Wallethub’s annual ranking of Best and Worst States to Start a Business.
Nice states encourage and reward risk takers, both with policy and general attentiveness to their job creators. Unpredictability, projections to increase taxes, and constant regulatory creep are factors that reduce business confidence and, ultimately, reinvestment […]
Photographs taken at the Governor’s 2016 Economic Forum in February highlight a number of troubling statistics. - Poverty among minority groups is rising faster than others. - The decline in Connecticut manufacturing jobs has wiped […]
Plans to bring more natural gas to New England to lower the region's high energy prices face trouble. Two separate pipeline plans would have brought more natural gas, a relatively clean and low-cost fuel, to […]
Connecticut is losing better-paying jobs and replacing them with low-paying jobs, according to a study released by the Commission on Economic Competitiveness. The commission had previously attempted to keep the document secret by discussing it […]
In the face of declining tax revenues and weak job reports, state lawmakers have to decide whether or not to continue to fund Governor Malloy's controversial First Five Plus program, which is scheduled to end […]
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