Justin Fox, Columnist

Connecticut’s Great Depression May Be Over

The Constitution State’s economy is finally growing again, and so is its young-adult population.

March 5, 2019 at 12:30 PM UTC

Corrected

March 7, 2019 at 12:37 AM UTC

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

Just a train ride away from New York.
Photographer: Ron Antonelli/Bloomberg

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Big news! Going by third-quarter state gross domestic product data that were just released, Connecticut’s economy is on track to grow more than 2 percent in 2018! That’s … not much. But it’s better growth than the state has seen in more than a decade.

Another way of looking at the GDP data is that the state’s economy is now 9.7 percent smaller in real terms than it was at its peak in the first quarter of 2008.