Connecticut’s economic troubles since the 2008 recession are well known. The state has experienced some of the lowest job growth and personal income growth in the country during a time when the national economy surged.
Connecticut saw a net loss of loss of $2.6 billion to other states in 2016, and those migrating into the state earned only 55 percent of those who left, according to a study from the
Tax Foundation’s annual ranking of states based on state and local tax collection placed Connecticut second in the nation, trailing only New York, for the most money collected per resident.
The Commission on Fiscal Stability and Economic Growth — composed of Connecticut CEOs and business owners — released their much-anticipated recommendations today at the Capitol, which included a combination of tax increases, tax cuts, tolls
The personal income growth for Connecticut residents was the slowest in the nation in 2017, according to a report by Pew Charitable Trusts. Personal income in Connecticut for 2017 actually dipped .6 percent into the
Although Connecticut’s 2017 budget crisis may have come to an end when Gov. Dannel Malloy signed the bipartisan budget on Tuesday, the next budget promises to be just as difficult. The nonpartisan Office of Fiscal
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.
An estimated 2,000 realtors and brokers gathered in Bushnell Park outside the Capitol building on Tuesday to urge lawmakers to create “A Connecticut We Can Sell,” and stop the outmigration crisis that is hurting homeowners,