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January 4, 2024

Check out HBJ's 2024 economic forecast

PHOTO | File image Downtown Hartford skyline.

Hartford Business Journal's first issue of 2024 includes an economic forecast section containing outlooks for the year ahead from various economists and industry experts.

Here’s a look at what they had to say:

Survey: HBJ readers more optimistic about 2024

Statewide Forecasts

Fred Carstensen: Will CT revive its comatose economy?

Fred McKinney: Expect moderate growth, lower interest rates in 2024

Economist Scorecards

Farhad Rassekh: CT’s economic outlook provides reason for optimism

Patrick J. Flaherty: Growing CT’s labor force key to 2024 economic outlook

Steven P. Lanza: CT will add 10,000 jobs in 2024 — here’s why

Real Estate Outlook

Hartford’s office market reset will require ‘more patience’ in 2024; vacancies likely to increase

Office market faces major headwinds in 2024; isolated, premier locations could rebound

Multifamily experts see adversity, selective opportunity in 2024

Industrial real estate availability to remain tight in 2024

Banking and Finance Outlook

Managing higher interest rates, deposit growth key focus areas for banks in 2024

In 2024, CT startups and stalwarts must confront VC funding gap, rising labor costs

Key considerations for values-based investing in 2024

Health Care Outlook

Boosting workforce pipeline, new facilities, flexible care delivery key trends in 2024

Employers in 2024 will seek to add value, minimize costs for health benefits

Manufacturing Outlook

For manufacturers, workforce, technology and supply chain resilience are focus areas in 2024

PFAS will be increasing concern for manufacturers in year ahead

Higher Education Outlook

AI, DEI, flexible degrees, campus expansions key focus areas for higher ed in 2024

Human Resources Outlook

Empowering teams for the long run: transitioning to a coaching management model

Cannabis Outlook

New cannabis businesses set to launch in 2024, while sector keeps eye on federal reforms

Law Outlook

AI will transform legal industry in 2024, beyond

Neurodiversity in the workplace should be an employer focus in 2024

Energy Outlook

CT will need a lot more (green) juice to achieve clean energy goals

 

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