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Research

A Tale of Two Sentiments

The latest results from the InformCT Consumer Confidence Survey are out and what we’re seeing is a tale of two sentiments. Our respondents from the fourth quarter of 2017 are telling us that they are not feeling confident about overall business conditions. Only 20 percent of our respondents said that they think the state’s economy is improving.

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by Alissa DeJonge  |    |  Comments 

Happy New Year? It depends.

I want to wish a happy new year to the growing global economy. Economic activity for the world as a whole is increasing, with global growth projected at almost 4% in 2018. Deflation fears are ebbing, central banks have been able to pull back without spooking markets, and many countries (in particular Europe, Brazil, China, Japan) are holding steady with some modest economic growth. There are international security threats, especially with North Korea, and the growing number of cybersecurity breaches have people and companies on edge, but all in all the expectations for the global economy are very positive.

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by Alissa DeJonge  |    |  Comments 

How Much Does All This "Stuff" Really Cost Us?

Stuff

‘Tis the season—for love, for sharing, and in some cases, for accumulating more “stuff.” As a mom of two young children, this accumulation seems to have grown in recent years. As boxes arrive in the mail, our once-spacious living room starts to feel tight as open space is gradually filled with books, stuffed animals, and monster trucks. While my husband wonders aloud if it’s time for a bigger house, the economist in me wondered how much all of this “stuff” really costs us.

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by Rachel Gretencord  |    |  Comments 

A New and Proud Nutmegger

New and proud nutmegger

I moved to Connecticut a little over two years ago to take my job at CERC. To be honest, I had never even considered Connecticut as a potential residence – I wasn’t interested in an insurance or finance job, and the most I knew about the state came from episodes of “30 Rock” and “Mad Men.” Moving up here, after 12+ years of urban living in Baltimore and DC, was an adjustment, of course, with my new state’s suburban and car-centric lifestyle.

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by Sarah Ficenec, Ph.D.  |    |  Comments 

The Only Thing That Is Constant Is Change

“The Only Thing That Is Constant Is Change” ― Heraclitus

Even Heraclitus, the Greek philosopher who lived around 500 B.C., spoke of the always-changing world. And today’s economy is no exception.

Last week, I had the pleasure of talking with members of the Connecticut & Western Massachusetts Chapter of the Society of Industrial and Office Realtors® and presenting an economic outlook at their Fall Meeting. We had a lively discussion about global and national economic trends and how they are impacting Connecticut’s economy.

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by Alissa DeJonge  |    |  Comments 

Feeding the Big Birds

As one of the key industries in Connecticut and nationwide, aerospace plays a vital role in the local and national economy. A breakdown of its top suppliers shows the industry sources most of its inputs from within the state. There are outliers, more than half of its management services, electronic product and metal are purchased from outside of Connecticut.

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by Mia Ying  |    |  Comments 

Connecticut's Population Change

Connecticut's Population Change

There has been a lot of press lately about the estimated population growth – and lack thereof – of towns and cities in Connecticut as well as the differences in growth rates between cities and suburbs nationally.

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by Sarah Ficenec  |    |  Comments 

The Spring of Tourism in Connecticut

Coe Park Torrington, Connecticut

“Mommy, can I wear my dress to the playground tomorrow?” “No, wait when the real spring comes.” a women in her sweater replied. This was early April in Connecticut.

When the “real” spring arrives during the Easter weekend, warm air in the outdoors finally greets the Nutmeggers. With the state’s strong push toward tourism in Connecticut, how does tourism industry look, especially in the spring?

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by Mia Ying  |    |  Comments