Business Contributions to the Economy

1 Nov 2019

Businesses provide numerous benefits to an economy in the form of products and services for use by society, tax revenues to governments, payroll to employees, and innovations, among others. Businesses range in type from sole proprietors to multi-national conglomerates.

The figures below show how many companies are located in Connecticut by employee size, and how many people are employed by those different-sized companies. The 2018 data is available from the Connecticut Department of Labor, and refers to worksites, which is a count of firms, excluding government, that have only one location, plus a count of each location of firms that have operations in more than one location.

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