While Connecticut’s labor market is improving, economists say the state needs to help sectors that provide steadier, higher-paying jobs.
Economy
Posted inEconomic Development
Report: It’s going to take CT longer than other states to recover from the COVID recession
The COVID recession hit Connecticut’s economy harder than much of the rest of the nation, according to a new report.
Posted inMoney
CT residents brace for a lump of coal in their stockings
The latest U.S. Census survey shows fears of lost income that experts say could shatter Connecticut’s already-fragile economy in 2021.
Posted inMoney
How is the state’s economy reacting to the pandemic? CT Mirror’s economic indicator dashboard breaks it down
Connecticut’s economy took a hit when the coronavirus pandemic arrived, and there is still a lot of recovery ahead.
Posted inMoney
Wall Street continues to soften COVID’s impact on CT’s budget woes
Analysts say surging tax revenues will soften a big deficit this year and dramatically shrink shortfalls over the next biennium.
Posted inMoney
Himes: Coronavirus brings ‘the start of a very, very difficult economic period’
Himes says the government must rush money to Americans on the “suffering frontier” of the coronavirus pandemic.
Posted inMoney
CT’s traditional economic sectors at major risk as coronavirus spreads
Connecticut’s manufacturing, tourism and hospitality sectors are on the front lines as the coronavirus spreads.
Posted inPolitics
Trump doesn’t mention impeachment, but CT Dems still didn’t like SOTU
Immediately after the speech, Sen. Chris Murphy, tweeted that he regretted attending.
Posted inPolitics
Q-Poll: Biden, four other Dems, would handily beat Trump
The poll, released Wednesday, also shows that former Vice President Joe Biden enjoys a substantial lead over his Democratic rivals for the White House.
Posted inPolitics
New ‘atlas’ tracks social media sentiment for Lamont, Stefanowski, other candidates
WASHINGTON – A new political tool that tracks sentiment on social media every day showed that more people said nice things about Democratic gubernatorial candidate Ned Lamont than his Republican rival Bob Stefanowski . But the Political Atlas said Stefanowski had Lamont beat when it came to “favorability” which also took into account how many times his name was mentioned on social media.
Posted inPolitics
Q poll: Trump approval ‘sinking like a rock’ to 38 percent
WASHINGTON — A Quinnipiac poll gave President Donald Trump the lowest approval ratings since he assumed office about a month ago, only 38 percent, but showed Americans still have confidence in his handling of the economy.
Posted inPolitics
In Darien, residents hope Trump will bring economic growth
DARIEN — There is a cautious optimism about the next four years in much of lower Fairfield County. Many residents are hopeful that President-elect Donald J. Trump will usher in an era of economic growth not seen over the last eight years. This is the second in a series of visits to Connecticut towns leading up to the inauguration.
Posted inMoney, Politics
Fasano: Bipartisan talks on top issues should begin next week
Noting that Malloy indicated shortly after Election Day that he would reach out to both parties, Fasano said state government could miss a chance to improve confidence among businesses and the general public if it waits to begin discussions until the 2017 General Assembly session — which starts Jan. 4.
Posted inCities & Towns, Education, Money
Connecticut has baby bust, slow growth and aging population
WASHINGTON — Connecticut women are having fewer children than those in most other states, its population continues to age and growth is lagging. The census bureau said that in 2015 Connecticut women ranked 49th among the states as far fertility. The census also determined that Connecticut is one of the slowest-growing states.
Posted inMoney
CT businesses making profits but still wary about adding jobs
About two-thirds of Connecticut businesses made a profit last year, yet fewer than half expect to add jobs at this time, according to the Connecticut Business and Industry Association’s annual survey of businesses.