Today (Friday, May 20) the Connecticut Center for Economic Analysis released its quarterly OUTLOOK, a forecast of Connecticut’s output and employment for the next ten quarters. “Bucking Stiff Headwinds” is modestly more optimistic, but notes the array of downside risks for the state’s economy, everything from the ending of $6.3 billion in stimulus over the last two years to the anemic national recovery, European sovereign debt turmoil, and the difficulty of capturing jobs in the face of a globalized economy.
The CCEA Outllook: Bucking Stiff Headwinds, is available at http://ccea.uconn.edu/forecasts/CTOutlook_2011May.pdf
CCEA is directed by Prof. Fred Carstensen, and currently engages five graduate students in its studies.