BERLIN, Conn. –– January 10, 2011 –– Economic challenges may abound, but there are still plenty of reasons for optimism here in Connecticut. That's according to the 2010-11 edition of the Connecticut Economic Review. The booklet, published annually by Connecticut Light & Power (CL&P) and Yankee Gas, reveals a variety of data that shows how Connecticut compares to the other 49 states, and in some categories, the world.
Some of the areas covered include business innovation, education and productivity, international trade, energy and infrastructure and quality of life. The booklet shows Connecticut stands out as a top five state for worker productivity, foreign direct investments, energy efficiency, advanced degrees, research and development, finance and insurance and high-speed connectivity.
“This report shows that there is good economic news happening around the state,” said Jeff Butler, president and chief operating officer, CL&P. “We’re proud to help promote Connecticut through this publication.”
This latest edition of the Review also shows:
The annual publication is utilized by business recruiters at CL&P, Yankee Gas, the Connecticut Department of Economic & Community Development and many local regions and communities to promote the state as an attractive business location to corporations and site selection consultants around the world.
Printed copies are now available. Call (860) 665-5143 to request a copy. You can also view it online at http://www.cl-p.com/Business/EconomicDevelopment/ExistingBusiness.aspx.
The Connecticut Light and Power Company (CL&P) has been part of everyday life in Connecticut for more than 100 years, providing safe and reliable electric service to homes, neighborhoods and businesses. With 1.2 million customers in 149 cities and towns, CL&P is improving the environments you live in, by offering programs in energy conservation,
economic development and environmental stewardship. CL&P is a Northeast Utilities company (NYSE: NU). For more information, please visit www.cl-p.com and follow us on
- Connecticut's cost of living compares favorably to other premier business locations
- More than 250 aerospace companies have a presence in the state and employ some 40,000 people
- Connecticut has excellent access to world markets
- Connecticut is home to 11 members of the Fortune 500, ranging from General Electric and Xerox to Northeast Utilities, the parent company of CL&P and Yankee Gas
# # #