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The timing of the Nov. 3 election “isn’t helping things,” says Connecticut Restaurant Association Executive Director Scott Dolch. “Neither side wants to give the other side a win, unfortunately.”
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).
The incoming and outgoing chief executives of the CBIA, Chris DiPentima and Joe Brennan, discuss the transition process.
DiPentima is division president of Leggett & Platt Aerospace, which includes Pegasus Manufacturing in Middletown.