CBIA’s 2020 Survey of Connecticut Businesses—the 19th annual edition, made possible again this year through the generous support of Marcum LLP—captures how the state’s business community is navigating an extraordinarily challenging and unprecedented period.
CBIA mailed and emailed the 2020 Survey of Connecticut Businesses from July 8 through July 29 to more than 6,600 top executives throughout the state.
We received a record high 962 responses, with a response rate of 14.5% and a margin of error of +/-3%.
The majority of surveyed firms are small businesses—82% employ less than 50 people, with 9% employing 50-100 workers, 5% between 100 and 249, 2% 250 to 499, while 1% of respondents employ more than 500 employees.
Businesses will lead the state’s recovery from the pandemic. Their responses to this year’s survey offer valuable insights into the challenges they face and areas of opportunity that policymakers must embrace.Marcum_20