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Business survey reveals ‘cautious optimism’

Joseph Kask, managing partner at BlumShapiro (Christine Stuart photo)
Joseph Kask, managing partner at BlumShapiro (Christine Stuart photo)

ROCKY HILL, Conn. – An annual survey of Connecticut businesses revealed “cautious optimism” among the businesses it surveyed. At least 35 percent of companies said they were growing, while 54 percent reported they were “holding steady.”

The Connecticut Business and Industry Association and BlumShapiro’s survey of 460 businesses was released Friday morning at the Connecticut Economy Conference in Rocky Hill.

“I think overall what the survey is showing is that Connecticut is continuing and recovering,” Peter Gioia, an economist with the Connecticut Business and Industry Association, said. “We’ve had some pretty good job figures so far this year and the companies are also making some investments.”

See the complete story at CT News Junkie.

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One response to “Business survey reveals ‘cautious optimism’”

  1. Pibermanfmc

    Once again look at the “spin”. The real story is that CT under performs both the region and national economy. Even 5 years after the Recession. And no credible informed source expects a change in the near horizon. Not even the tooth fairy.

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