Connecticut Economic Update
Friday, Apr. 29, 2016
7:30 am: Networking Breakfast
8:30 am to noon: Program
The Aqua Turf Club
556 Mulberry St., Plantsville
$75 CBIA members | $100 nonmembers | $700 table of 10
After what looked like a period of steady recovery, last week’s jobs report stoked concerns about Connecticut’s economy.
New employment figures from the Department of Labor reveal a disappointing gain of only 11,600 jobs in 2015, a far cry from initial estimates of 22,600, making 2015 the second slowest year for job growth since the recession ended.
“This should be a call to action for lawmakers,” said Brian Flaherty, CBIA’s senior vice president of public policy. “Without immediate, urgently needed reforms, the state faces an uncertain future.”
Aside from insufficient employment growth (especially in high-wage jobs), other downside risks remain: global economic worries, the state budget deficit, tax hikes, and workplace mandates, to name a few.
Join us for an in-depth look at where Connecticut’s economy stands when the 2016 General Assembly session draws to a close. Hear from a panel of leading economists who will discuss and debate this year’s business outlook, economic forecast, and state fiscal issues.
Our keynote speaker is Paul Quick, senior vice president & general manager of Connecticut operations for Frontier Communications. After a challenging transition into Connecticut’s AT&T footprint in 2015, the voice and broadband service provider is weeks away from acquiring Verizon’s properties in three states.
This event is sponsored by Chase.