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According to the new CBIA survey, 47% of businesses expect to see a profit this year – down considerably from 77% last year – with 28% forecasting a loss (versus 11% in 2019) and 25% hoping to break even (versus 13% last year).
Gov. Ned Lamont focused on the continued ramping up of COVID-19 testing at today's briefing, noting that the number of weekly tests has increased from about 18,000 a couple of weeks ago to roughly 29,000 now.
The panel of local health, business, workforce, and education experts organized by AdvanceCT will consult with the governor's administration and legislative leadership on the reopening of Connecticut’s economy and education system.
The state saw the number of COVID-19-postive cases in its hospitals decline for the first time since the start of the pandemic.
“We believe this program provides the quick, short-term financial assistance (small businesses and nonprofits) need to maintain operations and weather this storm," said Department of Economic and Community Development Commissioner David Lehman.
Formerly with the New Jersey Economic Development Authority and the U.S. Department of Commerce, David Campbell has 17 years of economic development, international business and policy experience, including expertise in attracting foreign direct investment, entrepreneurs, and innovative technologies.