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Tag: Covid-19 economic relief
“I’m an optimistic guy, or I wouldn’t work in the arts,” says Westport Country Playhouse Managing Director Michael Barker.
Competitive grant awards will range from $1 million to $5 million for a two-year performance period.
“A lot depends on how quickly people go back to their old behaviors,” the Danbury bank's president and CEO says.
The agency says that over 50,000 additional PPP loans have been approved, totaling $3.1 billion for Connecticut businesses and entities in 2021.
Roughly 32% of the recipients are minorities.
The #CTDrinksOnUs campaign features participating Connecticut restaurants offering a complimentary drink to vaccinated patrons who order food.
Lamont said that the federal funds “represent an incredible opportunity for this state to make transformative investments to emerge healthier and stronger."
According to the latest data, about 98,000 employees are back to working in Connecticut's hospitality sector – something that usually employs around 150,000.
Employers currently are solely responsible for repaying the $700 million that the state borrowed from the federal government to pay pandemic-related unemployment compensation benefits. With interest, they said, that sum could rise to $1 billion.
Travel’s economic footprint in the U.S. declined by 42% last year, from $2.6 trillion in 2019 to $1.5 trillion, according to the U.S. Travel Association.
“We started about a year and a half ago,” Demetrius Glover, owner of wellness and community-building event company SolHaus in Stamford, said, “so with Covid, doing meditation and live entertainment at company events became difficult.”
In February, retail sales declined by 3% month-on-month, TD Economics reported in a Tuesday data release. The drop was larger than expected, as only...
"It’s critical we save as many local restaurants as possible so they can be part of Connecticut’s post-Covid economic recovery,” said CRA Executive Director Scott Dolch.
The latest Covid-19 federal relief package, called the American Rescue Plan, has been approved and sent to President Joe Biden to sign. The $1.9...
Fox News and MSNBC provide “different realities and different sets of facts” to their loyal viewers, the Congressman told the Norwalk Chamber of Commerce.