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Our Economy

Membership

Supporting the Success of Your Business

As the leading voice for Connecticut businesses, we advocate at the state Capitol for policies that support job creation, foster economic growth, and help businesses compete. Companies large and small across a diverse range of industries rely on us for business-critical resources, products, and services that help them grow and succeed.

Joining CBIA is joining a community of Connecticut businesses
CBIA membership is a way to be heard at the Connecticut State Capitol

By the Numbers: Tracking Connecticut’s Economy

Follow Connecticut's progress as we work together to improve our business climate, create jobs, and drive economic growth.

12-month

Job Growth

+0.7%

U.S. Rank #43

January 2024

COVID Recovery

102%

U.S. 125%

January 2024

Unemployment

4.4%

U.S. Rank #43

December 2023

Job Openings

94,000

Monthly Change +6.8%

January 2024

Labor Force

1,902,400

+0.9% (YOY)

January 2024

Labor Participation

64.4%

U.S. Rank #18

Q3 2023

Cost of Living

113.9

U.S. Rank #40

Q3 2023

GDP

+4.7%

U.S. Rank #27

Q3 2023

Personal Income

+3.9%

U.S. Rank #13

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CBIA IS FIGHTING TO MAKE CONNECTICUT A TOP STATE FOR BUSINESS, JOBS, AND ECONOMIC GROWTH. A BETTER BUSINESS CLIMATE MEANS A BRIGHTER FUTURE FOR EVERYONE.