2023 Survey of Connecticut Businesses

CBIA’s 2023 Survey of Connecticut Businesses—the 21st annual edition, made possible again through the generous support of Marcum LLP—captures the strength and resilience of the business community, while highlighting the need for policy solutions at a critical time. 

CBIA surveyed over 3,000 top business executives following a 2023 Connecticut General Assembly session that saw some positive economic initiatives, but fell well short of addressing the state’s workforce and high cost of doing business challenges.

While most companies withstood rising costs and other challenges in 2022, Connecticut’s high cost of doing business continues to undermine our overall competitiveness and ability to keep and attract employers and the career opportunities they offer residents.

This year’s survey responses confirm the pandemic’s legacy: rapidly evolving perceptions and understanding of logistics and supply chain systems, business models, consumer behavior, careers, and the workplace.

It also highlights the numerous opportunities—requiring a greater sense of purpose and commitment from policymakers—to unlock Connecticut’s potential and build a sustainable economy that emphasizes affordability, meaningful careers, and a positive business climate.