HARTFORD, Conn. — With the state budget in limbo, Connecticut business leaders are remaining cautious, according to a new survey.
Nearly half, or 47 percent, of business leaders polled last quarter expected conditions to remain stable over the next three months, according to the CBIA/Farmington Bank 1st Quarter Economic and Credit Availability Survey. That’s up from 39 percent in the fourth quarter of last year.
Another 16 percent of respondents expected conditions to deteriorate, down from 21 percent who felt that way the previous quarter; and 37 percent expected conditions to improve, down from 40 percent the previous quarter.
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