Personal income in Connecticut rose by an estimated 1.5 percent in 2017, the slowest growth of any state in the northeastern United States, the U.S. Bureau of Economic Analysis reported Thursday.
Bureau of Economic Analysis
Posted inMoney
CT continues to lead nation in income, but wealth poorly distributed
WASHINGTON – Connecticut continues to lead the nation when it comes to personal income, federal economists say, but other reports show the state is also No. 1 when it comes to the uneven distribution of that wealth between the very rich and everyone else.
Posted inMoney, Politics
Feds say CT cities had little economic growth in 2014
WASHINGTON – How healthy is the state’s economy? It’s a tale of two Connecticuts, and the subject of widely different viewpoints. But a recent federal report shows Connecticut’s big cities lag most others in the nation when it comes to economic growth.
Posted inPolitics
White House hopes to boost CT aerospace, shipbuilding
The Obama administration has given Connecticut special status when it comes to seeking federal grants that would help the aerospace and shipbuilding sectors.
Posted inPolitics
Cost of super PAC attack on Malloy reaches $7.3 million
Grow Connecticut, the Republican super PAC, is closing its effort to unseat Gov. Dannel P. Malloy with its toughest ad of the campaign, a piece that is largely based on outdated economic data and backed by a $600,000 contribution that brings the group’s total spending to $7.3 million.
Posted inMoney
A GOP talking point dims: CT economy didn’t shrink in ’12
Republicans were gleeful a year ago when a federal agency reported that Connecticut was the only state whose economy shrank in 2012, a dismal mid-term report card for Gov. Dannel P. Malloy. It turns out the state’s economy actually grew by one percent.