State sees shaky money surge

Connecticut residents are making more money, but whether that trend will continue is up for debate. According to a new economic forecast released by the Connecticut Center for Economic Analysis, Connecticut residents felt a $6.1 billion surge in their personal income in the first quarter of 2007, with the greatest increase in the financial services field. More than half of that, however, came from mergers, acquisitions and leveraged buyouts. Analysts question the staying power of the surge, citing a subprime mortgage crisis.

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