CT Mirror– When Hartford Mayor Luke Bronin appealed for help to save his municipality from bankruptcy, one response he faced was that the capital city’s big-spending ways had come home to roost.
Fred Carstensen
Already Deep in Debt, Connecticut Struggles With Extremes of Wealth and Income
Hartford Business Journal– Even within a nation racing dangerously toward unprecedented levels of income and wealth inequality, Connecticut stands apart.
Op-Ed: Would a Long Island Sound Tunnel Help Revive Connecticut’s Failing Economy?
UConn Today– Connecticut’s economy has been shrinking since 2008; it desperately needs to find a way back to growth. Long Island’s economy is choking because of the necessity of everything going in or out through New York City. An interstate collaboration to “bridge” the Sound might address both challenges.
Connecticut’s Economy Fourth Quarter Growth Fails to Measure Up
Fate of Fiduciary Rule Unclear
Susan Campbell: Diapers Can Be Underpinning Of A Household
Dan Haar: Economists Call Sweeping Plan a Good Start
Connecticut’s New Stranded Tax Credit Program Aims to Unleash Investment
Hartford Business Journal– In 2014, Connecticut agreed to let United Technologies Corp. use up to $400 million in “stranded” research and development tax credits to keep and expand the presence of its Pratt & Whitney subsidiary in East Hartford.
Connecticut’s Economy Struggles to Recover
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.
Economic Diversity Cushions Danbury Region from Unemployment
Greenwich Time – Since 2002, and throughout the Great Recession, Danbury and nearby towns enjoyed an unemployment rate two to three percentage points lower than the nation, the state and the cluster of cities and towns along the Gold Coast.