University of Connecticut |
Connecticut Economic Analysis - February 2008Skirting a Recession? With the American economy slowing more rapidly than
predicted by most economists, Connecticut may avoid a major recession while still seeing significant
and continuing job losses in manufacturing, with more modest loses in construction and governmeht.
While other states, such as Michigan, California, Florida and Ohio, have already slipped into the red,
this Outlook expects Connecticut will skirt a formal recession. Job growth is projected to slow to a
meager 1.8% over the next two years, while losing a possible 7,000 jobs. Read the Full Report.
On Monday, March 31st
and Tuesday, April 1st, UConn's Biodiesel Consortium will present a
two-day integrated program on the science, technology, climate
affect, economics, and policy and regulation in the expanding area
of Sustainable Energy and Biodiesel. By the second half of 2009, a weakening national economy will drive state emplyment below 1.7 milling total jobs. |
