REPORT: CT Had 8th-Worst Economic Growth in U.S. from April to June 2017November 21, 2017
The new report from the Bureau of Economic Analysis (BEA) confirms Connecticut lags behind most of the nation in economic growth.
A new report released by the Bureau of Economic Analysis (BEA) this week found that Connecticut had the eighth-worst economic growth in the U.S. in the second quarter (Q2) of 2017, which ran from April through June.
Connecticut saw 1.4-percent growth in Q2 2017, below the U.S. average of 2.8 percent. Still, it’s an imporvement from Q1 2017, when Connecticut had negative growth.
Only Minnesota, New York, Nebraska, Montana, Delaware, South Dakota, and Iowa saw worse economic growth in Q2 2017.
Gov. Dan Malloy (D-Conn.) can’t blame it on the region’s slow growth, either, as Connecticut was the only state in New England to fall short of two percent.
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