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Tag: COVID-19 economic impact
“His brand is so tied to him as a person that the association is almost impossible to unlink,” says Sacred Heart University Professor David Taylor.
City officials say Stamford is only a few hundred residents away from becoming the second-largest city in the state.
The order retroactively and temporarily increased weekly unemployment benefits to $100 for many Connecticut residents, enabling them to qualify for the federal Lost Wages Assistance Program.
First County Bank, which typically approves about $140 million in loans per year, processed 1,144 loans for about $125 million during the first round of the Paycheck Protection Program.
“We’re a lot further along in being proactive versus reactive -- and it’s beginning to pay dividends," says Peter Denious, president and CEO of AdvanceCT, the state government’s economic development entity.
This year, the governor said, “We will continue to emphasize our best-in-the-nation public schools and workforce development, making sure every child, regardless of zip code, race, color, or creed, has the best opportunity at the starting line of life.”
“I feel very strongly that, just because (the rainy day fund) is there, we should not deplete it. While it's raining today, we don’t know how long the rain is going to last – or when it’s going to start raining again."
"We all need to create a more viable, sustainable, and financially sensible form of government," says the Deputy Senate Republican Leader, whose 28th District includes Easton, Fairfield, Newtown, Weston and Westport.
On the national level, the report found that about 28.8% of small businesses have closed since the start of the year.
A new survey also found 22% of business owners saying they will be able to operate no longer than 7-12 months under current economic conditions.
The company recently added a new “Crowd Meter” feature to its free app, which allows members to monitor gym capacity – currently limited to 50% -- in real time.
Nearly 17 million Covid cases, and about 308,000 related deaths, have been recorded nationwide.
The term, which used to mean a focus on amenities, has shifted to securing tenants' health, says Geoffrey Fay, a partner in Bridgeport law firm Pullman & Comley’s Real Estate Department.
Multi-family has been stable, and single-family has been on fire," enthused People's United Bank Executive Vice President Marjan Murray at the Construction Institute's annual Fairfield County Economic Forum.