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he Connecticut Economic Digest's purpose is to regularly provide users with a comprehensive source for the most current, up-to-date data available on the workforce and economy of the state, within perspectives of the region and nation.
Every month the Connecticut Economic Digest provides the most current economic data available for Connecticut.
Leave the subject line blank and in the body of the message type: Signoff DOL-CTEconomic Digest. mid numerous uncertainties, the outlook for the Connecticut economy in 2018 has positive signs.
The World: Strengthening Economic Activity as a Whole Economic activity for the world as a whole is increasing, with global growth projected at 3.7 percent in 2018.
Population growth is projected to grow just 1.7% in the 25 years from 2015 to 2040, less than 20% of the growth rate of the previous 25 years.
Focusing on the most recent 15 year period and comparing it to the next shows a similar pattern.
[ read more ] ightly or wrongly, Connecticut's job growth performance is often talked about in the context of "winning" or "losing" to other parts of the country.
Four annual average state economic indicators were used as components: 1. CTEI: Methodology: The CTEI was introduced two years ago and is being released annually.Nevertheless, the number of senior citizens will increase while the school-aged population will decline.Growth will be uneven across cities and towns with some (particularly the largest cities) gaining significant population while others decline.The Nation: Tax Reform and Rebuilding From Hurricanes The International Monetary Fund is anticipating that U. gross domestic product will increase by 2.3 percent in 2018. Tax reform that lowers rates on corporate and personal income should increase business investment and consumer consumption during 2018.[ read more ] The Connecticut State Data Center at the University of Connecticut recently released population projections for Connecticut and its towns through 2040.
SEI: Methodology Applying the same components and methodology of the Connecticut Town Economic Indexes (See September 2017 issue), the Connecticut Department of Labor's Office of Research also developed the State Economic Indexes, an annual composite index of each of the 50 states and DC.