December 21, 2018
Farhad Rassekh: Bearish outlook for CT's economy in 2019
Farhad Rassekh
Farhad Rassekh
Economics Professor, University of Hartford
Unforeseen changes in economic variables often render economic forecasts inaccurate.
With that qualification in mind I believe there is little hope for the Connecticut economy to rebound in the coming year. This bleak economic outlook rests on the possibility that state-government policies — largely responsible for the lackluster economic performance in Connecticut in the last several years — will likely continue in 2019.
I hope this forecast will be proven wrong.
Return to HBJ's 2019 economic forecast landing page
| What’s your 2019 economic outlook for Connecticut? | Moderate growth |
| How many jobs will Connecticut add? | 2,500 |
| What will Connecticut’s unemployment rate be at the end of 2019? | 4.5%-4.8% |
| What type of GDP growth will Connecticut see in 2019? | 2% |
| Which industry will add the most jobs? | Health care & information technology |
| Which industry will lose the most jobs? | Construction |
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