The State of Connecticut is throwing its muscle behind Hartford and Stamford in their bids to become the home of Amazon’s second headquarters. The Economic Development Council of Western Massachusetts, however, has issued a letter supporting a bid by the town of Enfield.
In addition to Enfield, the cities and towns of Bridgeport, Fairfield, New […]
Connecticut’s efforts to attract innovative, early stage, start-up companies from around the world will be front and center on Friday at VentureClash, the state’s $5 million global investment challenge. The mission is simple: to provide early-stage companies worldwide with an opportunity to grow their business in Connecticut.
Connecticut Innovations (CI), the leading source of financing […]
Employers in Connecticut expect to hire at a modest pace during the fourth quarter of this year, which began on October 1, according to the ManpowerGroup Employment Outlook Survey.
From October to December, 18 percent of Connecticut companies interviewed plan to hire more employees, while 7 percent expect to reduce their payrolls. Another 73 percent […]
The Connecticut House of Representatives debated for nearly six hours the issue of reinstating tolls on Connecticut highways, but did not vote. Connecticut remains a toll-free state, for residents and those driving through the state.
How much money might the state receive in toll revenue if tolls were imposed? The Office of Legislative Research, responding […]
Connecticut ranked 36th in the nation in the number of construction jobs added between July 2016 and July 2017, one of 36 states (and the District of Columbia) that added construction jobs during the 12-month period. The analysis by the Associated General Contractors of America of Labor Department data found that firms in parts of […]
The cover of the national magazine depicts a waterfront home in Mystic Seaport, under the headline that reads “The fiscal mess in America’s richest state.” Connecticut, without an approved state budget for all of July and August and nearly half of September, is earning some notice. And it is not particularly friendly.
The article, in […]
Most Connecticut residents are likely unfamiliar with Woodbury Common, an outlet mall in the town of Central Valley in Orange County, New York brimming with 240-plus retailers. Due to a contract provision with those retailers that prevented them from opening another location within a 60 mile radius of Woodbury Common, however, the impact of that […]
The 800-member Women in Manufacturing (WiM) professional organization will hold their annual Summit at the Connecticut Convention Center in Hartford, September 13 – 15, 2017. This annual Summit is geared toward women who have chosen careers in manufacturing and want to share perspectives and network with others in the industry. It is expected to attract […]
Internet access is as good in Connecticut as just about anywhere else in the country. A new report on the Top Connected States in America ranks Connecticut as the 6th most connected state in the nation. The analysis, by USDish.com, found that the top 10 states showing excellent connectivity to broadband all value connecting […]
Connecticut places dead last among the 50 states in the degree of gender gap in executive positions in the workplace and overall workplace environment for women, according to a new analysis prepared by the financial website WalletHub. The state also ranked in the bottom ten in the “education and health” category, ranking higher – in […]
The Connecticut Green Bank’s C-PACE program recently surpassed $100 million in closed project financing. Out of the 19 states with C-PACE (Commercial Property Assessed Clean Energy) programs, this project financing level is second only to California, according to officials.
The Connecticut Green Bank’s C-PACE program reached the milestone of $100 million in total closed […]
Immigrants may be a pivotal component in Connecticut’s economic strength – or weakness – in the coming decade, according to recent statistics. Population projections from the University of Virginia’s Demographics Research Group, reported by the American Immigration Council, show that in many states in the Northeast and Midwest, including Connecticut, growth of the working-age population […]
Tesla’s goal of selling vehicles direct to consumers in Connecticut remains elusive, dismissed out of hand by Connecticut’s legislature this year, as last year and the year before. Even the sole “gallery” the electric car manufacturer and retailer has been operating in the state, in Greenwich, has been ordered by the Connecticut Department of […]
For years, the tag line has been “innovation runs through it.” In the coming year, there will also be more frequent rail service running through it, and that may make all the difference in the world.
When proponents of economic development in what’s known as “New England’s Knowledge Corridor” get together for a conference this […]