CBIA Response to 2025 GDP Report

The state’s largest business organization issued the following response to today’s release of the U.S. Bureau of Economic Analysis’ 2025  gross domestic product report.   

“This report highlights the resilience of Connecticut’s economy despite a significant slowdown in the fourth quarter,” said CBIA president and CEO Chris DiPentima.  

“While GDP growth slowed to 0.5% in the fourth quarter, Connecticut’s economy expanded 2.4% in 2025—12th best among all states. 

“It’s encouraging to see key industries like transportation and warehousing, professional services, and durable goods manufacturing driving overall growth in 2025.  

“And Connecticut’s personal income grew 4.4%, with the state continuing to have the highest per-capita income in the country. 

“The fourth quarter slowdown highlights the ongoing headwinds that are challenging the state’s economic growth.”

CBIA’s Chris DiPentima

“Connecticut’s growth in 2025 underscores the innovation and adaptability of our employers and employees amid rising costs and ongoing economic uncertainty. 

“At the same time, the fourth quarter slowdown highlights the ongoing headwinds that are challenging the state’s economic growth. 

“This must serve as a reminder to state lawmakers that the policies they adopt this session must offset the growing uncertainty and volatility at the federal level. 

“Labor force challenges and rising costs—from energy to healthcare—remain key barriers to growth, especially for small businesses. 

“For Connecticut to build on the momentum from 2025, it’s critical that we focus on policies that support business and make it more affordable for employers to innovate and invest in their companies and employees.”

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CBIA is Connecticut’s largest business organization, with thousands of member companies, small and large, representing a diverse range of industries from every part of the state. For more information, please contact Scott Beaulieu (860.244.1929).