CONNECTICUT, USA (Hartford Business Journal ) — Windham County just isn’t often called the financial engine of Connecticut, however it really led the state final 12 months in progress, in line with new knowledge revealed by the U.S. Bureau of Financial Evaluation.
Windham County’s $4.7 billion economic system grew 2.6% in 2019, in line with newly launched BEA knowledge, which broke down the Gross Home Product (GDP) progress charges of all U.S. counties.
GDP is the worth of products and providers produced inside a county.
Windham’s 2.6% progress fee ranked No. 1 in Connecticut, forward of Litchfield (2.1% progress), Middlesex (1.6% progress) and New Haven (1.5%) counties.
Hartford’s County’s 2019 GDP progress ranked second-to-last within the state, at simply 0.6%. Solely Tolland County carried out worse, with progress of 0.4%.
Regardless of its lack of progress, Hartford County has the second-largest economic system within the state ($78.2 billion) behind solely Fairfield County’s $79.3 billion economic system, which grew 0.7% in 2019, BEA knowledge exhibits.
The common county progress fee in Connecticut final 12 months was 0.9%.
Nationally in 2019 GDP elevated in 2,484 counties, decreased in 612 counties, and was unchanged in 17 counties, BEA stated.
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