The coronavirus outbreak has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has now become a majority the first time that has occurred since the Great Depression era, according to a new analysis of national data by the Pew Research Center.
Read MoreNational nonprofit organization the Cities for Financial Empowerment Fund (CFE Fund), in partnership with Bloomberg Philanthropies, Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation, has announced that more than 50 city and county partner governments across the country – including New Haven and Hartford - are set to offer financial counseling and financial navigation services for their local residents in need.
Read MoreThree dozen Connecticut companies are featured in the 2020 edition of the Inc. 5,000 – the 5,000 fastest-growing private companies in America, compiled by Inc. magazine and issued this month.
Read MoreThe annual rankings in a range of business development categories are in, and Connecticut is ranked in the top10 in two of nearly a dozen categories. The state ranked #5 among the leaders in aerospace, a traditional strength, and also at #5 in offshore wind power development, as that field gained significant traction in 2019.
Read MoreThe mission of SHOPBLACKCT.com is to “challenge structural racism and transform the legacy of economic and social inequity in the U.S. by providing a platform to drive business to and awareness of local Black-owned businesses.” Among the values cited by organizers are Collaboration, Diversity, Service, Excellence and Empowerment. And their website has surpassed 800 featured Connecticut businesses.
Read MoreIncreasingly, it appears that we are in the midst of an era when longstanding inequities are becoming the focus of attention, with advocates driving what they hope will be long overdue systemic change. The latest initiative is focused on pay equity, being launched by the nonprofit Permanent Commission on the Status of Women in Connecticut.
Read MoreThe full impact of COVID-19 on colleges and universities across New England is still to be seen, and a new report by the Federal Reserve Bank of Boston’s New England Public Policy Center warns of “potential consequences for the local economies of the cities and towns that depend heavily on higher education” across the region.
Read MoreBy one measure, Connecticut’s recovery is better than every other state in the nation. The state ranks first when judged by the number of unemployment claims since the start of the pandemic, when compared with data from a year ago.
Read MoreHartford and Rancho Cucamonga (California) have been selected as the winners of the 2020 Richard H. Driehaus Form-Based Codes Award, presented by the Form-Based Codes Institute at Smart Growth America. Each year, the Driehaus Award recognizes communities that have adopted and implemented exemplary form-based zoning codes.
Read MoreFor the second consecutive year, Connecticut has been ranked as the nation’s fourth most innovative economy. California, Massachusetts and Washington ranked one-two-three in Bloomberg’s annual State Innovation Index, for the third straight year.
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