Museums Have Significant Impact on State, National Economy, Report Concludes

Museums in Connecticut had a one-year total financial impact on Connecticut’s economy of $834 million, providing $556 million in income via wages and other income to state residents, generating $223.5 million in taxes (including $77.5 million in state and local taxes), and supporting just over 10,200 jobs – including 5,400 direct jobs, 1,877 indirect jobs and nearly 3,000 induced jobs. The data was compiled as part of a national report, Museums as Economic Engines, compiled the Alliance of American Museums. The report indicates that nationwide, museums support 726,000 jobs in the United States, and directly employ 372,100 people, more than double that of the professional sports industry, according to the Bureau of Labor Statistics, the Alliance points out.

The study, conducted by Oxford Economics with the support of the Andrew W. Mellon Foundation, shows that for every $100 of economic activity created by museums, an additional $220 is created in other sectors of the US economy as a result of supply chain and employee expenditure impacts, according to the report.  The data analyzed was from calendar year 2016, the most recent full year of data available.

These impacts mean that museums contribute approximately $50 billion to the US economy each year, a number that’s more than twice previous estimates, according to the Alliance.  The report is also the first to show that US museums generate more than $12 billion per year in tax revenue to federal, state, and local governments.

The report estimated that there are 372,100 museum workers employed in the US along with 3 million volunteers.  It also indicated that 89 percent of Americans believe that museums provide important economic impacts back to their communities, according to a public opinion survey conducted in 2017.

Nationally, the museum field’s largest economic impact is on the leisure and hospitality industry (approximately $17 billion), but it also generates approximately $12 billion in the financial activities sector and approximately $3 billion each in the education/health services and manufacturing sectors.

The top 10 states driving this impact are geographically diverse and account for 57 percent of the gross value added to the national economy. States with the highest economic impact from the museum sector included California ($6.6 billion), New York ($5.4 billion), and Texas ($3.9 billion). However, those that rely most heavily on museums due to their relatively higher concentration, the report indicated, include the District of Columbia, Hawaii, Wyoming, and Alaska.

In breaking down the jobs impact of museums, direct impact refers to direct employment and spending by the industry’s business operations; indirect impact includes supply-chain effects, stemming from industry’s operations (e.g. legal services, utilities, etc.) and induced impact describes the impact resulting from employees spending their incomes in the economy.

The American Alliance of Museums (AAM), founded in 1906, now represents more than 35,000 professionals and volunteers, institutions, and corporate partners in the sector.

More Than 1,500 College Students from CT Save Average of $7,700 in Tuition in New England Program

Seventy-eight percent of college students from Connecticut participating this academic year in a reciprocal tuition reduction program coordinated by the New England Board of Higher Education (NEBHE) attend undergraduate programs at state colleges and universities.  That’s the highest participation level at state colleges and universities among the six New England states, and provides Connecticut students, on average, with $7,747 in tuition savings.  That's the third highest average tuition savings among the six states. In an annual report on the Regional Student Program (RSP), also known as Tuition Break, NEBHE reported that more than $59 million in tuition savings was provided during academic year 2017-18 to 8,654 participating students throughout the region.  Just over 1,500 of them are from Connecticut.

The RSP allows eligible residents of the six New England states to pay a reduced tuition rate when they enroll at out-of-state public colleges and universities within the region and pursue approved degree programs not offered by their home-state public institutions. In some cases, students may be eligible when their home is closer to an out-of-state college than to an in-state college. Connecticut residents are eligible for more than 500 undergraduate and graduate degree programs with the RSP Tuition Break.

There were more students coming in to Connecticut public institutions of higher education from other New England states than Connecticut students pursuing their education elsewhere in the region.  There were 239 students from Connecticut attending community colleges elsewhere in the region, while 197 students came into Connecticut.

Among the institutions seeing the highest number of incoming students in the Tuition Break program were the University of Connecticut (724 undergraduate students), Asnuntuck Community College (163) and Eastern Connecticut State University (172).

At the undergraduate level, 1,210 students came into the state under the RSP initiative, while 948 from Connecticut attended colleges outside the state under the program.  At the graduate level, the trend was reversed:  102 came in to Connecticut while 93 went outside the state through the tuition break program.

The data compiled on the RSP indicates that participating students and families saved an estimated $59 million on this academic year's tuition bills, with a full-time student saving an average of $8,157.  Overall, enrollment at four-year undergraduate institutions decreased by 2%, following a 6.8% increase the previous year. Graduate enrollment increased by 11%. Enrollment at community colleges decreased by nearly 9%.  Participating Massachusetts students saved an average of $9,285; Rhode Island students an average of $8,613 and Connecticut students an average of $7,747.

New England public colleges and universities received nearly $97 million in tuition revenue from RSP students enrolled at their campuses.  Undergraduate programs at four-year state colleges and universities accounted for 59% of RSP enrollment; associate programs, 35%; and graduate programs, 6%.

In Connecticut, Massachusetts, Maine and Rhode Island, the highest percentage of residents enrolled under the RSP in undergraduate programs were at the state colleges and universities: 78%, 66%, 60% and 56%, respectively. In Vermont and New Hampshire, the highest percentage of residents enrolled under the RSP were at the community colleges: 52% and 48%, respectively.

Among the programs enrolling Connecticut residents in 2017-18 are animation, aquaculture & fisher technology, criminal justice, food science, forestry, legal studies, marine engineering, marine science, marine transportation, mountain recreation management, performing arts, fashion merchandising, and zoology.

More than 850 undergraduate and graduate degree programs are offered under the RSP, many of them in specialized and high-demand fields. In 2017, the region's public colleges and universities approved 33 additional programs.  Officials note that program offerings expand each year.  Programs now include:

Associate degree programs (8): Audio Engineering, Culinary Arts: Baking and Pastry, Entrepreneurship, Fine Woodworking and Furniture Design, Global Studies, International Business, Professional Writing, Video/Film

Bachelor's degree programs (13): Accelerated Nursing, Aging Studies, Climate Change Science, Elementary Education: Community Engaged Learning, Environmental Studies and Sustainability, Fine Woodworking and Furniture Design, Fisheries Biology, Health Care Studies, Information Technology International Affairs (dual major), Movement Science: Wilderness Leadership Concentration, Wildlife Biology, World Languages Education (K-12)

Graduate programs (12): Master's: Athletic Training, Engineering Management, Exercise and Health Sciences, Genetics and Genomic Counseling, Music Pedagogy, Quantitative Economics, Transnational, Cultural and Community Studies, Urban Planning and Community Development

Doctoral: Computational Sciences, Counseling Psychology, Exercise and Health Sciences, Health Promotion Science

Now in its 61st year, the RSP was established by NEBHE in 1957-58 to fulfill the purposes of the congressionally authorized New England Higher Education Compact forged to expand educational opportunities for New England residents and share higher education resources. The RSP helps the individual New England states avoid the high costs of establishing and operating academic programs already offered in the six-state region.

Connecticut Export Week, Which Starts Today, is One-of-a-Kind in U.S.

There is only one state in the nation that has an “export week,” designed to encourage more in-state businesses to take the first steps toward building international business connections.  “Connecticut Export Week,” now in its third year, takes place March 19-23, 2018. The week-long focus on the business potential of exports features a dozen events and webinars with expertise offered in a range of broad and very specific aspects of international business. It is a joint initiative of the U.S. Export Center and the affiliated District Export Council.  Connecticut is the only state where the local office of the federal agency functions as the State Trade Office.

The initiative has been very successful in exporting awareness and training for companies, according to officials.  The information shared by experts at programs and events during the week helps companies become “Export Ready” so that when they use agency services to meet new customers and get into new markets, they are better prepared to close the deal.

According to the Connecticut Business and Industry Association's 2017 international trade survey, there are nearly 6,000 companies exporting from within the state.   Connecticut achieved export levels in goods and services reaching $14.4 billion, contributing to the more than $1.45 trillion in U.S. commodity exports in 2016.

Topics during the week will include Market Research, Global Intellectual Property, Digital Strategy, Doing Business with NATO, export Finance and Insurance for U.S. Exporters, Understanding Foreign Exchange and Letters of Credit and Export Documentation Basics.  There will also be a CEO’s and Managers Export Forum, a session focused on Opportunities for Advanced Manufacturing in Germany, and another on Infrastructure in Peru.

According to U.S. Census Bureau 2017 data, nations topping the list of exports from Connecticut are France (14.3%), Canada (12.8%), Germany (12.4%), United Kingdom (8.8%), Mexico (7.0%), China (5.4%), Netherlands (4.2%), Japan (3.7%), South Korea (3.6%) and Singapore (2.7%).

CBIA noted that the vast majority (89%) of Connecticut businesses engaged in international trade are small and midsize enterprises employing fewer than 500 workers.  The top three areas where Connecticut companies are looking for assistance, the survey found, are market research (52%), making connections with customers (32%), and finding foreign representatives (19%). Connecticut's top three export categories, the CBIA survey pointed out, are transportation equipment, machinery, and computer and electronic products, sold primarily to France, Germany, and Canada.

Between 2007 and 2017, there has been a steady increase in the number of Connecticut companies engaging in international trade, the CBIA survey found —from 53% to 77% over the 10-year period.

Hartford Region Coalition Embarks on Development of Economic Strategy

A coalition of prominent business, transportation and community development organizations in the Hartford Metropolitan Region has begun the process of taking a fresh look at its position in the global economy, with an eye toward taking advantage of economic opportunity. In announcing the initiative, the organizations noted that the region and the state have struggled to recover from the 2008 recession and that global, national, and local trends are reshaping the region’s economy. The state and many of the region’s 38 municipalities face increasingly difficult fiscal situations that hamper their ability to pursue projects that will lead to growth, officials said.

Recognizing that these trends, if left unaddressed, can dramatically impact the region, the organizations – the Capitol Region Council of Governments (CRCOG), Hartford Foundation for Public Giving (HFPG) and MetroHartford Alliance - will be working as an advisory committee to develop a new Comprehensive Economic Development Strategy (CEDS) for the Hartford Metropolitan Region. The most recent strategy was developed in 2012, and a previous effort took place in 2006.

“This strategy will take a hard look at the region and identify and prioritize the most promising opportunities for creating lasting economic growth. This region is a leader in insurance, finance, and advanced manufacturing; we need to build on these strengths to encourage the kind of growth that will lead to lasting fiscal stability,” said Jim Scannell, Senior Vice President, Administrative Services, at Travelers and co-chair of the CEDS Advisory Committee.

The effort gets underway with new leadership at the helm at a number of the organizations, which may impact the perspective along the way, if not the final results.  Led by the CRCOG, and longtime Executive Director Lyle Wray, the initiative is in partnership with the Hartford Foundation, where President Jay Williams, a former Assistant Secretary of Commerce for Economic Development and mayor of Youngstown, OH relocated to the region last year, and the MetroHartford Alliance, which hired David Griggs, mostly recently leading economic development efforts in Minneapolis-St.Paul as its new President and CEO.  Williams joins Scannell as co-chair of the CEDS Advisory Committee.

The consulting firm of Fourth Economy Consulting has been hired to help the region complete a situational assessment and develop “game changer” initiatives to serve as the core of a new economic development strategy. Fourth Economy, based in Pittsburgh, recently worked with the 100 Resilient Cities initiative to help cities around the world become more resilient to economic changes.

The process will be led by an advisory committee comprised of representatives of businesses, governments, educational institutions and non-profits throughout the region. A smaller working group, comprised of partner organizations like the New Britain Chamber of Commerce, will work closely with the consulting team and the advisory committee to develop a regional vision and turn it into an actionable plan.

Four primary tasks have been identified for the initiative:

• Goal-Setting: Build consensus around the need for accelerating inclusive/equitable economic growth; that is raising incomes across the income distribution with particular attention to opportunities for engaging those who have often been left behind.
• Situational Analysis: Do a clear-eyed assessment of our situation: who, what, where to identify opportunities that we should be pursuing as a metropolitan region (i.e., SWOT with an emphasis on context and opportunities).
• Strategic Planning: Formulate a limited number of “game changer” strategies that will move the trajectory of inclusive economic growth in the right direction.
• Capacity-Building: Identify organizational forms and collaborations that we will need to implement and sustain the strategies over time.

During this process the Advisory Committee will also identify potential partner organizations and set up an organizational structure to implement the initiatives.  A final strategy report is due next winter.  CRCOG has set up a website that already includes key resources, and will be updated as the work proceeds during the year.

“There is only one way our region will achieve equitable and sustainable economic growth.  We must eschew the past squabbles and divisions that have kept us mired in anemic progress,” said Jay Williams, president of the Hartford Foundation and co-chair of the CEDS Advisory Committee.  “If we commit to a bold, collaborative, and pragmatic approach, we can develop a roadmap to capitalize on the enormous talent and multiple assets our region possesses.  I’ve seen the success of this approach in other parts of the country and there is absolutely no reason it can’t occur here, unless we lack the collective will to make it happen.”

Similar efforts occur throughout the state led by various economic development regions. The WestCOG Region’s first Comprehensive Economic Development Strategy (CEDS) was developed throughout 2017.  WestCOG includes 18 towns in the Stamford - Norwalk - Danbury region of the state.  Public comment on the draft plan was solicited last fall.

The state’s South Central Connecticut region, centered around New Haven, undertook a similar effort in 2013, which has been updated annually. The Strategic Planning Committee and sector subcommittees have been established for 2018, and are currently gathering data and input from community stakeholders, according to the website for that region’s economic strategy planning initiative. It is led by Economic Development Corporation of New Haven,  a private, non-profit organization, dedicated to business and economic development within the city of New Haven and REX Development, which was formed as the economic development entity for the fifteen towns served by the South Central Regional Council of Governments (SCRCOG).

Of the Hartford region’s CEDS initiative, East Hartford Mayor Marcia Leclerc, the Chair of the CRCOG Policy Board said “Our metropolitan region needs to competitively position itself for the future in relation to other regions in the country, as well as globally. To do that we need to take a hard look at our current situation and our opportunities.”

CT Saves Week Focuses on Individual Finances (Not State Finances)

When the Legislative Office Building hosts a Financial Education Expo on Wednesday as part of Connecticut Saves Week, there may be more than one passerby suggesting that legislators pay particular attention, given that the state budget has been perpetually out-of-balance in recent years. The Expo, from 10 a.m. to 1 p.m., is open to the public.  Connecticut Saves Week, which runs through March 3, is part of America Saves Week, which began in 2007.

In addition to the expo at the State Capitol complex, there are three financial action workshops this week at American Job Centers around the state, with a focus on setting financial goals, reducing expenses and improving credit. They are being held from 9 to 11 a.m. on Tuesday in Hamden, 1 to 3 p.m. on Tuesday in Bridgeport and 9 to 11 a.m. on Thursday in Hartford.

UConn Extension will also be holding a Beyond Paycheck to Paycheck workshop series at its New Haven County Extension Center from 6 to 7:30 p.m. on March 5 and March 12 (The first of three sessions was held on Feb. 26).

“These workshops are designed to help individuals and their families take charge of their educational and career goals by providing budgetary guidance that will lead to future success,” said state Labor Commissioner Scott D. Jackson. “Whether the plan is to purchase tuition and books, buy a car to get to work, or start a savings plan, the end goal is improving economic security and employment opportunities for our residents.”

According to a May 2016 report from the Federal Reserve, 46 percent of adults surveyed said they could not cover an emergency expense costing $400.  Results from the 2015 FINRA Investor Education Foundation US Financial Capability Study indicate that among Connecticut residents, 48 percent do not have emergency funds, 52 percent have not set aside money for children’s college education, and 18 percent are spending more than their income. Financial literacy is offered in some Connecticut schools, but it is not required by the state for high school graduation.

Chris Lee, president of Connecticut JumpStart, a local nonprofit that works to get financial literacy into schools, told WNPR in December 2017 that a part of the state’s budget problem might be because lawmakers aren't very financially literate, the news station reported.

"I've always said I think a lot of members of the House and Senate both need to take some financial literacy courses and get some background in it before they go in to do some budget talks just to understand how all this stuff works," Lee told WNPR. "They don't understand financial literacy and they don't understand why it's important."

A financial literacy survey of high school and college students in Fairfield and New Haven counties and surrounding areas conducted last year showed 29 percent of local young adults do not have checking accounts or regularly use only cash, highlighting the need for expanded financial literacy education.  The survey was conducted by Stamford-based Patriot Bank.

An online “pledge” is available for interested individuals that will trigger periodic information, advice, tips, and reminders sent by email or text message, designed “to help you reach your savings goal, ” according to the CT Saves website.

The Connecticut Saves campaign encourages residents to assess their savings and save automatically to achieve financial goals. It is coordinated by UConn Extension and partners that include the Connecticut Department of Banking; the Connecticut Department of Labor; Connecticut State Library; Hartford Job Corps Academy; People’s United Bank; Human Resources Agency of New Britain, Inc.; Connecticut Association for Human Services; the Better Business Bureau Servicing Connecticut; Chelsea Groton Bank; and Community Renewal Team.

Report Reflects Good News, Continuing Challenges for Women, Girls in Eastern CT

Women and girls in Eastern Connecticut are progressing in many ways, but gender equity is elusive in many others, according to a new report.  The Community Foundation of Eastern Connecticut commissioned DataHaven to develop a report on the Status of Women and Girls in Eastern Connecticut, and the findings provide an insightful snapshot of disparities that persist, and challenges that remain and may increase, as well as diminish, in the years ahead. The purpose of the 26-page report, explains the Community Foundation’s President and Chief Executive Officer Maryam Elahi, is “to help inform and guide thoughtful conversations and inspire local ideas for social and policy advancements and investments.”   It is designed to be a “platform for action” to increase opportunity, access and equity for women and girls in Eastern Connecticut, officials indicated.  It is the first time that such a report was developed.

Among the key findings:

• Young women are achieving in school, but greater educational attainment has yet to translate to economic equality.
• Positive educational outcomes and economic equality are further out of reach for women of color.
• Many occupations remain segregated by gender, and women make up a majority of part-time workers.
• Women are at greater risk of financial insecurity, with single mothers at the greatest risk. 25% of all children in Eastern Connecticut live with a single mother, and 90% of single-parent households are headed by a mother.
• Women in Eastern Connecticut are healthy, with a life expectancy of about 82 years—slightly above the national average, but below the state average.

The report also found that:

• The opioid epidemic continues to ravage our communities, with deaths of women in 2016 more than double those of 2012.
• Young women are at heightened risk for many mental health conditions. 35% of female students reported feeling hopeless or depressed vs. 19% of male students, and women are three times more likely to attempt suicide than men.
• Violence against women continues to be a major public health problem. Almost 5,000 women in Windham and New London counties received services from domestic violence shelters.

The report defines Eastern Connecticut as the Community Foundation of Eastern Connecticut service area:  42 towns that include 453,000 people, 227,000 women.  The population of the region is 80% white, 9% Latina, 4% Black and 4% Asian.  Approximately 33,700 residents, or 7 percent, are foreign born.  Looking ahead, the report noted that the population of women ages 65 and up is projected to grow significantly over the next decade; estimated to increase 44 percent by 2025.

Continuing racial disparities are highlighted by the finding that among 90 percent of girls in the region’s class of 2016 graduated high school within four years, yet nearly 20 percent of women in New London and Windham/Willimantic lack a high school diploma.

The report noted that “a persistent gap” exists for women with degrees in STEM fields. Overall, 51 percent of men vs. 30 percent of women majored in science and engineering fields. Encouragingly, of 25-39 year-old women with degrees, 37 percent majored in the sciences. This is higher than previous generations.

Although women comprise 76 percent of educators, only 11 out of 41 superintendents in the region are women.  The report also found that 25 percent of businesses are women-owned.

“Women’s equality,” Elahi said, “is not just a women’s issue. It affects the wellbeing and prosperity of every family and community.”

The Community Foundation has organized public forums to discuss the report findings.  The first was held last week in Hampton, the next is February 15 in New London.

New Haven-based DataHaven’s mission is to improve quality of life by collecting, sharing, and interpreting public data for effective decision-making. The Community Foundation of Eastern Connecticut serves 42 towns and is comprised of over 490 charitable funds, putting “philanthropy into action to address the needs, rights and interests of the region.”

WalMart Dominates National Map, But Not in Connecticut

Connecticut’s largest employers – after the state itself – are Yale New Haven Health Systems, Hartford Healthcare, Yale University and United Technologies Corp, General Dynamics Electric Boat, and the University of Connecticut, according to a list published last year by the Hartford Business Journal.  Wal-Mart Stores ranks eighth in the state, followed by Sikorsky (Lockheed Martin) and Travelers and The Hartford Financial Services Group. Connecticut is one of a dozen states where the dominant employer is the healthcare.  The others include Rhode Island, Massachusetts, Vermont, Alaska, Delaware, Minnesota, North Dakota, South Dakota, Oregon, Idaho, and Utah, according to data published by Visual Capitalist.

In nearly as many – 11 states – higher education institutions are the largest employer, including New York, Michigan, Wisconsin, Iowa, Nebraska, New Mexico, California, Maryland, Pennsylvania, and North Carolina.

Maine’s largest employer is Hannaford Supermarkets.  In New Jersey it is Wakefern Food Corporation, the largest supermarket cooperative in the United States, including ShopRite and PriceRite stores in Connecticut.

In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers - especially Walmart, which remains dominant across much of the nation's retail landscape.  The company is the biggest private employer in America in a whopping 22 states -  and employs 1.5 million people nationwide.

In New England, Wal-Mart is the largest employer in New Hampshire, with more than 8,000 employees.

In Walmart’s home state of Arkansas, the company employees 53,310 people, or about 4% of the non-farm work force. That includes about 18,600 jobs at the HQ in Bentonville, AR.

Despite the company’s obvious influence in the state where it was founded, Walmart is also the largest employer across the South in general. Whether it is Texas (171,531 employees) or Virginia (44,621), there are Walmarts aplenty in the states surrounding Arkansas.

Eversource Hartford Marathon Brought $14.5 Million in Economic Benefit to Region in 2017

Just four years ago, in 2014, there was a title sponsor changing-of-the-guard at Connecticut’s premier spectator sporting events, as Eversource took over sponsorship of the Hartford Marathon, Travelers stepped in to save the state’s PGA Tour event (now the Travelers Championship), and United Technologies took the lead sponsorship that same year of what had been the Pilot Pen tennis tournament, now renamed as the Connecticut Open. Aside from a source of pride in maintaining marquee sporting events, the economic impact of the events continue to underscore the significance of local corporations coming through to sustain the events.

The latest evidence comes with news that the Hartford Marathon Foundation’s 2017 Eversource Hartford Marathon, Half Marathon, Team 26.2 Relay and Charity 5K brought an estimated $14.5 million of economic value to the area over the course of race weekend.  That figure is up from an estimated $13.6 million in 2015.  Eversource is signed on as title sponsor through 2019.

Official indicated that the Hartford Marathon Foundation (HMF) spent approximately $1 million to produce the Saturday, October 14th race in 2017, primarily working with local vendors and service providers.

In addition to a local economic boost to the city of Hartford and surrounding communities, the marathon drew 71,780 spectators, participants and volunteers to the area. Officials point out that runners, friends and families stayed in Hartford lodging, shopped in the area and dined in local restaurants. Significantly, 87 percent of participants visited Hartford primarily for the event. Of those traveling from out of state, 44 percent were visiting the city for the first time, officials specified.

Thousands of runners are motivated to use the race to raise funds on behalf of various charities and causes. Through these efforts more than $288,000 was raised and reported by the event’s 20 official charities and other groups, although charity fundraising is not required to be reported, so the true numbers may be higher.

The annual Travelers Championship has an annual economic impact on the state of $68.2 million, according to a recent study by Connecticut Economic Resource Center, Inc. (CERC). An economic impact study conducted a decade ago, in 2008, found that the tennis tournament predecessor to the Connecticut Open contributed approximately $26 million to the regional economy, including $10 million in local economic impact.

The Hartford Marathon will mark its 25th running on October 13, 2018.  The 2018 Travelers Championship, will be held June 18-24 at TPC River Highlands in Cromwell.  The Connecticut Open, at the Connecticut Tennis Center at Yale, will be held August 17-25 in 2018.

“We’re proud to host people from across the country to achieve personal goals and celebrate their accomplishments,” said Beth Shluger, CEO of the Hartford Marathon Foundation and Race Director of the Eversource Hartford Marathon and Half Marathon. “We are able to highlight the best of what the capitol region has to offer in a positive and truly inspiring event that allows tens of thousands to run, walk, volunteer or spectate. We are excited to be celebrating our 25th running in October 2018 and hope to create an even bigger positive impact through this milestone event.”

The Hartford Marathon Foundation also produces more than 30 events through the year, many that contribute to other organizations’ community fundraising goals.  The 2017 Mystic Half Marathon and 10K in May 2017 generated $28,000 to benefit the charitable works of the Mystic Rotary Club.  Additional fundraising events HMF was contracted to produce races for in 2017 include the Mahoney Sabol 5K to benefit Hospital for Special Care, CT Race in the Park to benefit CT Breast Health Initiative, Zero Prostate 5K to benefit ZERO - The End of Prostate Cancer, Achilles CT Hope & Possibility 5K & 10K to benefit Achilles International – CT Chapter, Pumpkin Run/Walk to benefit Youth & Family Services of Haddam-Killingworth, Inc. and the Norwich Winterfest 5K to benefit Reliance Health, Inc.

Hartford Rail Line May Bring Jobs, Opportunity for Key Populations, Study of Public Transit Suggests

As Connecticut moves closer to a significant increase in rail service connecting communities from New Haven to Springfield, MA, with the introduction of the Hartford line, anticipated in May, a report by Demos underscores the potential impact on economic opportunity and segments of the state’s population. The report, “To Move is to Thrive:  Public Transit and Economic Opportunity for People of Color,” which looked at public transportation in metropolitan areas across the country, presents a series of findings on the use of public transit by people of color and on the potential jobs benefits that people of color can gain from investments in public transit.

Its key findings on the use of public transit are:

• Racial, ethnic, and class inequities in the access to and funding of public transit continue today.
• Latino and Asian-American workers are twice as likely as white workers not to have a vehicle at home. African American workers are three times as likely. These disparities are heightened in certain metropolitan areas; Latino and black workers lack a private vehicle at as much as six times the rate of white workers in some areas.
• Asian-American and African-American workers commute by public transit at nearly four times the rate of white workers. Latino workers commute by public transit at nearly three times the white rate.
• Workers of color are overrepresented among public transit commuters with “long commutes”—one-way commutes of 60 minutes or longer.

The key findings on the jobs benefits from investment in public transit are:

• America’s employment rates are still low relative to 2000, and there is a strong racial hierarchy in employment rates.
• The majority of the jobs created from infrastructure investments can be non-construction jobs.
• All racial and ethnic groups gain jobs from large infrastructure investments and, generally, the larger the investment, the more jobs for each group.
• Investments in public transit show good returns in terms of the shares of the total jobs going to workers of color.

The report also noted that “growing numbers of Americans rely on public transit in their daily lives. In 2015, passengers took 10.5 billion trips on transit systems, up 33 percent from 20 years ago. Public transit ridership has grown faster than the population. But our public transit infrastructure, like much of our infrastructure generally, is old and decrepit. And many of our transit systems were not designed to handle such heavy use.”

While Connecticut’s cities are not as large as many of the nation’s largest metropolitan areas, they do have populations with larger numbers of people of color than mnay surrounding suburbs.  Providing greater ease of mobility to station stops along the Hartford line could offer impacts suggested by the study.

The Hartford line, which is focused on increasing the frequency of station stops from Springfield to New Haven, will also see additional stations constructed in the coming years.  When the CTrail Hartford Line service launches in May, it will consist of both expanded Amtrak service and new regional trains operated by the Connecticut Department of Transportation and will offer more frequent, convenient and faster passenger rail service between New Haven, Hartford and Springfield.

Plans call for an increase in the number of round trip trains from six daily Amtrak intercity and regional trains to a total of 17 round trip trains a day to Hartford, and 12 trains per day to Springfield. In addition, trains will operate at speeds up to 110 mph, reducing travel time between Springfield and New Haven. Stops are to include rail stations in Windsor Locks, Windsor, Hartford, Berlin, Meriden, Wallingford and New Haven.   New stations are to be added, refurbished or relocated in North Haven, Newington, West Hartford, Windsor, Windsor Locks and Enfield by 2020.

Projections include more than 4,500 construction related jobs and over 8,000 total jobs, including both direct and indirect jobs.  Transit-oriented development, including housing is also anticipated along the route. Recently, plans to convert a long-vacant factory into housing was announced in Windsor Locks.

The national data indicates that workers of color are roughly 2 to 3 times as likely as white workers not to have a private vehicle at home: only 2.8 percent of white workers do not have a vehicle at home, but 6.9 percent of Asian-American workers, 7 percent of Latino workers, and 9.5 percent of African-American workers do not have a vehicle at home.

Nationally, 3.1 percent of white workers use public transit, while 7.8 percent of Latino workers, 11 percent of Asian-American workers, and 11.1 percent of African-American workers commute using public transit. In other words, Latino workers are almost 3 times as likely, and Asian-American and African-American workers are almost 4 times as likely as white workers to commute by public transit, the report indicated.

Based in New York, Boston and Washington D.C., Demos is a public policy organization “working for an America where we all have an equal say in our democracy and an equal chance in our economy.”

New Requirements for Data and Analysis Due in Economic Development Report on February 1

A new state law is making changes to the annual report of the state Department of Economic and Community Development (DECD), due to be completed by February 1.  The law changes the mix of data and analyses DECD must include in the report, eliminating many types of previously required information but also requiring more data and analyses about the impact of all economic development programs, not just those DECD administers, according to the Office of Legislative Research (OLR). The analysis of each program in the DECD annual report must now include:

1. an analysis of the program’s impact on the state’s economy, including, if available, the number of new jobs it created and its estimated impact on the state’s annual revenues;
2. an assessment of whether the program is meeting its statutory and programmatic goals and, if possible, the obstacles preventing it from meeting those goals;
3. recommendations about whether the program should be continued, modified, or repealed and the reasons for each recommendation;
4. recommendations for additional data that must be collected to improve the evaluation; and
5. a description of the methodologies used and the assumptions made to analyze the program.

DECD must also include how much it cost the state to borrow funds to finance them.

Public Act 17-219 also requires DECD to include:

• an overview of its tourism, arts, and historic preservation activities and
• an economic impact analysis of each state economic development business assistance or incentive program, including those administered by other agencies that had 10 or more recipients or awarded over $1 million in assistance during the prior fiscal year.

Examples of economic development programs administered by other agencies include the Labor Department’s Subsidized Training and Employment Program and Connecticut Innovations’ Angel Investor Tax Credit.

Instead of submitting a separate report about film industry tax credits, as was done previously, DECD must report about them in the annual report. In doing so, the law passed in 2017 requires DECD to summarize its efforts concerning media and motion picture production in Connecticut and indicate the total (1) amount of credits it issued during the reporting period and (2) production costs and expenses credit recipients incurred in Connecticut.

The law also requires DECD to submit the report annually, by February 1 to the governor, the auditors, and the legislative review committees. Under prior law, it had to submit the report to the governor and the entire legislature annually by that date. Beginning March 1, 2018, OLR indicates, the law requires the legislature’s review committees to hold one or more separate or joint annual hearings on DECD’s report, focusing on the analyses of DECD’s community development projects and DECD’s efforts to promote international trade.  The new law also calls for the Appropriations; Commerce; and Finance, Revenue and Bonding committees to hold hearings periodically on the economic impact of state economic development programs.

The law further requires DECD to analyze the First Five Plus program’s net return to the state and include that analysis in its biannual report on the program, which, by law, it must submit to the Commerce and Finance, Revenue and Bonding committees.   It also requires the committees to hold a hearing exclusively on the program, which combines financing and tax incentives under various programs into a comprehensive assistance package for business development projects that meet specified investment and job creation targets.

OLR also notes that among other things, the law approved by the state legislature last year eliminates the requirement that the report include data about specific businesses, municipalities, and projects that received DECD funding and instead requires the report to identify the website where this information can be found.