Much of the economic news about Connecticut of late has focused on the negatives, but the state’s own latest analysis spotlights some of its positives.The 2017 edition of the Connecticut Economic Review was produced jointly by the state Department of Economic and Community Development (DECD), which paid for it, and the Connecticut Economic Resource Center […]
Much of the economic news about Connecticut of late has focused on the negatives, but the state's own latest analysis spotlights some of its positives.
The 2017 edition of the Connecticut Economic Review was produced jointly by the state Department of Economic and Community Development (DECD), which paid for it, and the Connecticut Economic Resource Center Inc. (CERC). DECDs' ad agency Adams & Knight, too, lent a hand.
According to DECD and CERC officials, whose joint aims are to promote the state and its assets, the review contains facts about the state's economy that in- and out-of-state employers and others can contrast to other states and nations in such areas as talent, location, innovation, industries, resources and quality of life.
“It ultimately places Connecticut at the forefront for attracting investment and potential new business growth, which is consistent with the missions of CERC and the state of Connecticut,” said CERC CEO Robert Santy.
Among the 2017 review's highlights about Connecticut, the state ranks:
No. 1 in share of insurance employees across the U.S.
No. 2 in most assets managed by state-headquartered hedge funds
No. 3 in the U.S. for percentage of employees with advanced degrees
No. 3 for national economic output per job
No. 4 in the U.S. for private research and development investment per capita
No. 4 in the nation for bioscience patents per capita
No. 5 for quality of life in the U.S.
– Gregory Seay
