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“We are focusing on what money is going out and what we are getting in return,” the Greenwich resident says. “Ultimately it’s about the cost to the taxpayer – and I am certainly one of those."
A "major production company" relocating here, a tentative time frame for a special session on tolls and a Woodstock mini-festival upstate are all possibilities, the governor said.
“Our business is growing – but I’m not sure if it’s going to continue to do so in Connecticut," says one Danbury business owner.
Hundreds are expected at the Connecticut Supplier Growth Summit at the Stamford Marriott on May 21, which combines the expected trade fair and panel discussions with “Match Maker Meetings,” a kind of “speed dating” approach wherein small business suppliers and larger company buyers are paired off.
Rey Giallongo is also the vice chairman and a member of the board of commissioners of the Stamford Downtown Special Services District.
Ned Lamont "understands the need for economic growth, and the huge burden he’s facing,” says Joseph Brennan, president and CEO of the Connecticut Business and Industry Association. “He’s going to need help.”
While everyone cheers the CTrail Hartford Line's potential for reducing highway traffic, opinion is mixed on how it will affect property values here.
Questions about traffic, increasing casino competition from neighboring states, and the wisdom or breaking the state compact with the tribes operating Mohegan Sun and Foxwoods remain, say several observers.
The commission's report also advocates raising the minimum wage to $15 an hour by 2022, tightening union bargaining rules and cutting state spending by $1 billion a year while adding spending in cities and on transportation.
While the county’s commercial and residential real estate markets have been sluggish, that could change as Manhattan and Brooklyn prices continue to spiral upwards, said the Federal Reserve Bank's Jason Bram.
“We will struggle to grow by zero to 1 percent," forecasts Connecticut Business & Industry Association President and CEOJoe Brennan.
Meanwhile, Comptroller Kevin Lembo said that, based on revenue and spending through Sept. 30, the state remained on track to end the current fiscal year with a $93.9 million deficit.
“I’m absolutely, thoroughly enjoying what I’m doing, and I hope I’m making a difference," McMahon told the crowd at the Country Club of Darien.