CT back in top half of US for economic growth

10 Jan 2020


Employees of the online jobs board Indeed at work in July 2019 in Stamford, Conn. Connecticut generated a 2.1 percent increase in economic growth in the third quarter, twice the rate of three months earlier and ranking in the top half of states nationally.

Connecticut generated economic momentum in the third quarter of 2019, just off the pace of New Jersey’s expansion which led the Northeast, with both cracking the top half of states nationally.

Connecticut saw a 2.1 percent increase in its gross domestic product as estimated by the Bureau of Economic Analysis, with Texas tops nationally with 4 percent growth in GDP, Hawaii last at 0.4 percent and New York only a tick better with a 0.5 percent increase.

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