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Connecticut Center for Economic Analysis

🔒Fortifying CT’s economic-development blueprint

Several Connecticut economists, a lawmaker and the current Department of Economic and Community Development commissioner offered up suggestions to the incoming governor for leveraging state assets and resources to attract and retain jobs.

🔒Connecticut ‘s new stranded tax credit program aims to unleash investment

In 2014, Connecticut agreed to let United Technologies Corp. use up to $400 million in “stranded” research and development tax credits to keep and expand the presence of its Pratt & Whitney subsidiary in East Hartford.

🔒Connecticut’s economy struggles to recover

During the first quarter of 2017, Connecticut's economy, as measured by real output or gross state product (GSP), contracted below where it was in 2004. After seven years of contraction from 2008 to 2014, the economy managed a modest 2 percent gain in 2015, only to retreat to essentially zero growth in 2016 and a sharp decline in early 2017.

CT hospitals tout $21.3B economic impact

The Connecticut Hospital Association is out with its 2016 economic impact report that claims state hospitals contributed $21.3 billion to the state and local economies in 2014.
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🔒Carstensen: CT’s state of uncertainty

Connecticut's economy is struggling. But this is a struggle long in the making: It has been true since 1990.

🔒Slow jobs recovery sends workers out of CT

By mid-2016, Connecticut should recover all the jobs lost in the Great Recession.

🔒Graying CT creates business opportunities for diverse industries

They make nutritious home-delivered meals, residences more navigable and bodies more agile. They offer home care and companionship and legal and financial services.

🔒CT economy’s fast start overshadowed by budget woes

As we reach the midway point in 2015, it's a good time to reflect on the good,...
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CCEA: CT’s broken hospital-tax promises hit economy

The state's declining financial support to hospitals will translate to more than 4,000 lost jobs, $300 million in lost personal income, and a $145 million decline in state revenue by 2017, a new analysis by two UConn researchers argues.

Bioscience alarmed by R&D tax credit cap

The long-term future of Gov. Dannel P. Malloy's most ambitious economic development program — the $1 billion Bioscience Connecticut initiative — could be undercut by the governor's own hand, if lawmakers approve his proposed cap on research and development tax credits, a move that would encourage larger, more mature R&D companies to seek out other states with more favorable incentives, industry officials warn.
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