CONNECTICUT’S VOLATILE FUTURE: SHORT-TERM UP, BUT LONG-TERM DOWN: Presentation

Posted on by Fred Carstensen

While incoming federal dollars promise to boost Connecticut’s flagging economy in the short run, the state remains disconnected from the modern data-driven, digitally dependent economy that emerged in 2008. If it fails to address its structural deficiencies, Connecticut’s long-term outlook appears problematic due to a weak recovery and low-quality job growth. Continue Reading

Connecticut’s Covid-19 Long-Range Forecast:

Posted on by Fred Carstensen

It is important to put the Connecticut Forecast in a national context because it is increasingly clear that the national recovery has slowed dramatically from the anticipated “snap back” of late spring and summer. Forecasts from leading financial firms—JP Morgan, Moody’s, Goldman Sachs—have all scaled back their growth forecasts. Infection rates are surging in many states: 31 are now in the “Red Zone” and some a reporting among the highest infection rates in the
world. Colder weather is likely to accelerate infections, both because the virus survives longer in cooler temperatures and people will be spending more time indoors and thus more exposed to infection.Continue Reading

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