Connecticut, and many of its municipalities, are looking for business. All one needs to do is flip thru the pages of the most recent edition of Site Selection magazine and it’s apparent that the drive to attract business has intensified across the country, and Connecticut is no exception.
Read MoreConnecticut Congressman Jim Himes’s past, it turns out, is prologue for a new, high-profile, assignment. Himes was selected by U.S. House Speaker Nancy Pelosi to serve as Chairman of a newly created Select Committee on Economic Disparity and Fairness in Growth, leading the Congressional effort to respond to a growing disparity that has been exacerbated - and more blatantly exposed - by the pandemic.
Read Morewith the legislature promising to return to the State Capitol later this month to convene a Special Session to take care of some unfinished business from the regular 2021 session that concluded on June 9, efforts are intensifying to put back on the agenda an item that didn’t make the cut in the final days earlier this month - the Transportation and Climate Initiative.
Read More“Consumer demand sharply increased for particular goods, while others experienced dramatic drops,” in 2020, largely attributable to COVID-19, according to an analysis of state exports highlighted in the June issue of the Connecticut Economic Digest. The impact of the pandemic was evident in the state’s export numbers, which dropped 15%.
Read MoreHartford has no intention of giving up the title of Insurance Capital of the World. And while corporate mergers, relocations, and more than a year of COVID dislocations, the industry is looking forward, not backward. That is particularly evident with the return of the 2021 Innovation Challenge, a chance get a glimpse of what’s next for the industry, locally and beyond.
Read MoreAfter an analysis of the impact of the COVID-19 pandemic on Connecticut women, the Permanent Commission on the Status of Women in Connecticut (PCSW), a bipartisan organization, is urging the state to take a series of steps to spur economic recovery in the state, particularly among women.
Read MoreExport sales by Connecticut companies were down 15% in 2020 when compared to 2019 levels, largely due to economic disruptions from COVID-19. Total Connecticut exports were $13.8 billion in 2020, down from $16.2 billion, according to the U.S. Small Business Administration. Aircraft engines and parts represented about 30% of overall CT exports, leading the way.
Read MoreRIverfront Recapture has purchased 60 acres of riverfront land on the Hartford-Windsor town line to build a new community park. The acquisition will allow Riverfront Recapture to complete a regional trail connection between the Hartford and Windsor, and will complete a seven-mile multi-use public transportation system extending from South Windsor to Hartford with connections to East Hartford and Glastonbury.
Read MoreCareers in the trades can offer a rewarding job with good pay and opportunities for growth. That fundamental reality explains why Connecticut is looking to better connect the potential career paths of job seekers with the increasing need amongst employers for individuals qualified in the skilled trades. An initiative announced this week by Gov. Lamont and top state officials is focused around a newly published step-by-step informational guide to pursuing a career in the skilled trades.
Read MoreThe 2021 edition of the 100 Best Companies to Work For, published annually by Fortune magazine, showed that only a single Connecticut company earned a place in the rankings. Synchrony, a financial services company based in Stamford, stood alone among Connecticut companies, and ranked number 37 on the list.
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