Hartford Business Journal – During the first quarter of 2017, Connecticut’s economy, as measured by real output or gross state product (GSP), contracted below where it was in 2004. After seven years of contraction from 2008 to 2014, the economy managed a modest 2 percent gain in 2015, only to retreat to essentially zero growth in 2016 and a sharp decline in early 2017.
Connecticut’s Economy Struggles to Recover
December 26, 2017