Connecticut Economy

A historic $76.6 billion contract won by General Dynamics Electric Boat will boost Connecticut’s economy, according to economists.

Connecticut Comptroller Sean Scanlon is concerned that the war in the Middle East might affect the state’s economy.

Connecticut’s Comptroller Sean Scanlon warns of an uncertain economic outlook this year despite an anticipated bump to consumer spending expected from higher tax returns.

Connecticut Voices for Children and the Immigration Research Initiative found that there are around 150,000 undocumented immigrants in the state. In 2022, they paid more than $400 million in taxes.

Connecticut's Chief Marketing Officer, Anthony Anthony, said the athletic success of the state’s flagship university drives state pride, which in turn in turn drives economic success.

State Treasurer Erick Russell (D) spoke about Connecticut's historic pension debt at the state’s Government Finance Officers Association and Public Pension Forum's Fall Conference.

Connecticut’s economy grew by 3.1% in the past two years. That’s better than any other New England state and above the U.S. average of 2.7%, according to state officials.

The study, led by Fairfield County’s Community Foundation and funded by the federal government, will explore the benefits of closing the wage gap — and how the county can begin to do so.

A prolonged government shutdown would result in missed paychecks for thousands of Connecticut workers and a steeper reduction in services.

Bridgeport Mayor Joe Ganim touted new housing, a healthy economy and a growing entertainment industry as signs of a thriving city.