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Connecticut Ranks 43rd In Ranking Of Business Climate
Hartford Courant ^

Posted on 07/13/2016 2:26:23 PM PDT by matt04

Connecticut dropped 10 slots in a yearly CNBC ranking of the nation's top states for businesses.

The state ranked 43rd this year, just behind Oklahoma. The rankings are measured by categories such as the cost of doing businesses, access to capital, business friendliness and the quality of life.

The top five ranked states are Utah, Texas, Colorado, Minnesota and North Carolina. Connecticut ranked higher than two other New England states — Maine, ranked 46th, and Rhode Island, ranked 50th.

"It's disappointing, but frankly not surprising we saw this drop," said Joe Brennan, president and CEO of the Connecticut Business and Industry Association. "We continued to struggle to make economic growth and job creation a number one priority of everyone in Connecticut."

In 2013, the CBIA helped to roll out the 20x17 campaign, with the goal of move Connecticut into the top 20 in national rankings of the most business-friendly states by the year 2017, Brennan said.

(Excerpt) Read more at courant.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Connecticut
KEYWORDS: business; hartford; malloy
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To: RayChuang88
Connecticut would turn into a writ large version of Detroit or Baltimore.

Having taken,just last month,the Merritt Parkway to New Canaan,Darien and Greenwich it boggles my mind to imagine such a thing.

21 posted on 07/13/2016 2:51:58 PM PDT by Gay State Conservative (What Did Loretta and BillyBob Discuss For 30 Minutes In Phoenix? Grandchildren?)
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To: Gay State Conservative

“GE recently moved from CT to MA.Ouch! “

Yup, moved to Boston area after 100 years in CT.

They cited “high state tax rates” as one of the main reasons for leaving.


22 posted on 07/13/2016 2:52:16 PM PDT by JPJones ( You can't help the working class by paying the non-working class.)
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To: arl295

Malloy can be on Hillary’s panel of economic advisors.


23 posted on 07/13/2016 2:54:12 PM PDT by Col Frank Slade
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To: matt04

Today I bought 7 bananas for 1.09 euros.


24 posted on 07/13/2016 3:17:29 PM PDT by Berlin_Freeper
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To: JPJones

“And Connecticut did not even have an income tax until 1992!”

AND it was sold to the state as “temporary” — what a joke!


25 posted on 07/13/2016 3:30:36 PM PDT by GizzyGirl
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To: fieldmarshaldj

thanks dj

And is the public up in arms, politically? Generally not.
I see no indications any new conservatives will defeat DEMS to pick up seats in the state House.

DEMs usually hold their numbers in presidential years.
don’t let your state become like CT, wherever you live.


26 posted on 07/13/2016 3:41:43 PM PDT by campaignPete R-CT (moving out of CT in a few years)
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To: matt04

This state sucks; don’t even get me started!


27 posted on 07/13/2016 4:08:08 PM PDT by castlegreyskull
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To: campaignPete R-CT

You don’t know where I live ? It’s on my page. The GOP has a supermajority as the Democrats imploded in my state on Zero’s watch. They exist only in two kinds of districts: Black and urban White moonbat. I have the good fortune (*cough*) in being in one of each (Black VRA Senate and White moonbat House seats).


28 posted on 07/13/2016 4:19:02 PM PDT by fieldmarshaldj (Resist We Much)
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To: fieldmarshaldj

yea
I guess I was directing that at the readers ... not the grand poobah of election information.

yea. TN has resisted the income tax. where CT failed
hope for America

Mookie Betts was born in Brentwood


29 posted on 07/13/2016 4:43:20 PM PDT by campaignPete R-CT (moving out of CT in a few years)
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To: matt04

Here in a wealthy suburb of Hartford County. The insurance industry is shrinking rapidly here. Innumerable for sale signs everywhere.


30 posted on 07/13/2016 6:01:41 PM PDT by BlueStateRightist (Government is best which governs least.)
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The 2013 gun restriction laws passed were primarily targeting BUSINESSES and the BUSINESS of selling and buying guns and ammo within the state.

AS a CT resident you can legally keep and bear ammo and firearms if they are purchased from another state. No registration except for above 10-round magazines, the list of scary semi-autos and handguns.

The CT government sliced it’s own throat by going after sales which gave them millions in sales tax income.


31 posted on 07/13/2016 6:13:16 PM PDT by USCG SimTech
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To: Gay State Conservative
That Gold Coast region of Connecticut area some of the richest neighborhoods in the USA--mostly filled by homes owned by many of the people working in the financial sector in New York City. Just this part of the state--plus ESPN up in Bristol--is literally propping up the state in terms of tax revenue.
32 posted on 07/13/2016 11:30:37 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
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