State officials are facing almost $4.3 billion in red ink in the next two-year budget, due largely to the coronavirus-induced recession, according to a new report Friday from nonpartisan analysts. Those deficits, while daunting, are significantly less imposing than the massive shortfalls Connecticut faced after the last recession in 2011 — gaps that forced a […]
John Guedes, who operates the city-based Primrose Companies architecture and construction, said he has learned to take a believe-it-when-he-sees-it approach to Bridgeport’s economy: “Don’t worry about the ones (plans) that have been approved, worry about the ones that have been started.” This week, staff from the economic development department briefed members of the City Council […]
Trump himself had pressed earlier in his tenure to advance an infrastructure deal, something that had eluded Washington policy makers for years, yet the effort fell short as he and Democratic leaders including House Speaker Nancy Pelosi parted ways over how to pay for it. Under his $2 trillion Build Back Better proposal for reviving […]
The state’s unemployment insurance trust fund, which typically raises $800 million a year via employer taxes, ran out of money in August, forcing the state to borrow $402 million from the federal government to date, said Michael Lucente, the unemployment claims director of accounts within the state Department of Labor. That loan has helped pay […]
Phase II work is under way on the Connecticut Department of Transportation (CTDOT) Arrigoni Bridge project. The $46 million undertaking in Middletown/Portland is the result of a 2010 safety report, which found deficiencies in the structure’s two main arch spans. “Due to the possibility of conflicting traffic patterns and the need for constant project coordination, […]
Gov. Ned Lamont’s unsuccessful push to toll state highways was an unpopular answer to a persistent problem: Connecticut’s transportation fund is drying up. And with no political appetite to revisit tolls, hopes rest on a federal Band-Aid. The Lamont administration lobbied hard to pass some form of a tolls bill during the last two legislative […]
A new study of natural gas infrastructure in Connecticut says harmful amounts of methane are leaking from aging underground gas pipes. Methane is the main part of natural gas. Like carbon dioxide, it’s a greenhouse gas, trapping heat in the atmosphere and contributing to global warming. And one way methane can leak here in New […]
With last month’s increase, the state has now regained about two-thirds of the 291,000 positions it shed during the COVID-related shutdowns in March and April, a toll equal to more than double the number of jobs lost in the state’s 2008-10 recession. But the monthly gains are shrinking, the data shows. Amid the job gains, […]
The agreement is between North America’s Building and Construction Trades Unions (NABTU) and Ørsted, an international leader in wind technology. The deal sets a model for labor-management cooperation and workforce development in the budding offshore wind industry. Ørsted has a large footprint in the wind industry having been awarded and built offshore wind farms from […]
A cabal of senior Fairfield town officials conspired with the head of a Clinton environmental cleanup company to illegally dispose of hundreds of yards of highly-contaminated soil while assuring town residents and employees forced to work with the material that everything was safe, according to arrest warrant affidavits released Thursday. One day after former Fairfield […]
