Connecticut Economic Growth Slowest In New England

Connecticut’s economy grew more slowly from April through June than any other New England state and was 43rd among the states, according to federal statistics released Tuesday. The state’s economy, which is measured by the sale of all goods and services, amounted to $260.1 billion in the second quarter of the year and expanded by 1.4 percent over the first quarter. Nationally, the fastest growing state economies were North Dakota, at 8.3 percent, Wyoming at 7.6 percent and Texas at 6.2 percent. The states benefited from a 28.6 percent increase in mining, which contributed to growth in 49 states led by increases in oil and natural gas production.

http://www.courant.com/business/hc-biz-connecticut-economy-20171121-story.html

Share This Article: