[ctguy87]

Originally Posted by JayCT

This article is about growth in GDP. I believe Connecticut is already near the top for GDP in terms of dollars per capita. IF we were already at or near the top, of course we will not show a lot of growth, we have no where to go but down. You really need to look carefully at the statistics that are thrown around, particularly from negative-news obsessed media. Jay

True, but we are lagging behind our neighbors MA and NY, so that argument does not really apply. Even being at the top, we should still be driving for growth to strengthen our tax base, both corporate and personal.

[Mr_250]

Originally Posted by JayCT

This article is about growth in GDP. I believe Connecticut is already near the top for GDP in terms of dollars per capita. IF we were already at or near the top, of course we will not show a lot of growth, we have no where to go but down. You really need to look carefully at the statistics that are thrown around, particularly from negative-news obsessed media. Jay

Would not call the Hartford Courant negative-news especially when it comes to Connecticut.

GDP per capita means jack squat. There was an article that said Hartford was #3 in the WORLD for GDP per capita. Basically we have large corporations and a lower-ish population so it makes those numbers look really good.

If we are at the top shouldn't we be growing, not stagnant. It takes money to make money, apparently CT has the money to do it but doesn't seem to be capitalizing on it.


YOY, South Carolina (just bc I like SC) had more than double our GDP Growth, looking at actual production, not percentages. CT did $139 Million and SC did $3.8 Billion. Yah, my first photo attachment.

[HeadedWest]

Another hat in the ring:

Rivalry renewed: Indiana tries to pry Connecticut businesses away - CT Politics

[HeadedWest]

Originally Posted by ctguy87

True, but we are lagging behind our neighbors MA and NY, so that argument does not really apply. Even being at the top, we should still be driving for growth to strengthen our tax base, both corporate and personal.

All three states are very close in per capita GDP. From the BEA site for 2014:

Connecticut 64,676
Massachusetts 63,005
New York 64,818

[Dallascaper]

Originally Posted by Mr_250

What surprises me is that we have a ton of HQ here which should add to this number. Remember GDP is calculated using the HQ Address not physical plant were items are made.

I don't think that is right. If true, then Bentonville, Arkansas' GDP - thanks to being the world headquarters of Walmart - is greater than all of DFW and twice the size of CT.

[JayCT]

Originally Posted by Mr_250

Would not call the Hartford Courant negative-news especially when it comes to Connecticut.

GDP per capita means jack squat. There was an article that said Hartford was #3 in the WORLD for GDP per capita. Basically we have large corporations and a lower-ish population so it makes those numbers look really good.

If we are at the top shouldn't we be growing, not stagnant. It takes money to make money, apparently CT has the money to do it but doesn't seem to be capitalizing on it.

YOY, South Carolina (just bc I like SC) had more than double our GDP Growth, looking at actual production, not percentages. CT did $139 Million and SC did $3.8 Billion. Yah, my first photo attachment.

The Hartford Courant is not exactly the most positive of newspapers period. Over the years they have buried positive economic news in small articles deep inside the paper and placed negative economic news on the front page. OF course SC has great growth rates, they were a real mess during the recession. It is like all those job growth reports that show places like Nevada and Florida having great job growth. They tanked during the recession so of course they have no place to go but up. Don't get me wrong we can and should be doing better but it is not horrible either. Jay

[FutureTown]

Agreed. Connecticut does not give off that depression vibe. There's definitely a sense of over-exaggeration.

[BobNJ1960]

Originally Posted by JayCT

This article is about growth in GDP. I believe Connecticut is already near the top for GDP in terms of dollars per capita. IF we were already at or near the top, of course we will not show a lot of growth, we have no where to go but down. You really need to look carefully at the statistics that are thrown around, particularly from negative-news obsessed media. Jay

With these corp moves, Ct will show GDP retraction.

[BobNJ1960]

Originally Posted by HeadedWest

Another hat in the ring:

Rivalry renewed: Indiana tries to pry Connecticut businesses away - CT Politics

Great ad!

[BobNJ1960]

More Connecticut Hospital Groups Critique State Budget, Warn Of Consequences - Hartford Courant

2nd Hospital association issues a dire warning!