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Councils, or COGs, receive funding through membership dues, state grants, and federal grants. As of 2018, Connecticut has 9 regional councils following a series of mergers and realignments between 2013 and 2015. Populations are from the 2010 census. [2] For current membership, see List of municipalities in Connecticut.
Dating back to 1982, Connecticut recorded its lowest unemployment in 2000 between August and October, at 2.2%. The highest unemployment rate during that period occurred in November and December 2010 at 9.3%, [ 172 ] but economists expected record new levels of layoffs as a result of business closures in the spring of 2020 due to the coronavirus ...
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs.
An economic development incentive is known as "cash or near-cash assistance provided on a discretionary basis to attract or retain business operations." [ 1 ] These benefits principally encompass tax and economic incentives provided by federal , state , or local governmental bodies.
The average of GDP and GDI, also referred to as gross domestic output and considered a better measure of economic activity, increased at a 2.6% rate. That was revised up from the 2.5% rate ...
During post-World War II period, Milford underwent significant suburbanization. Interstate 95 was routed through the city and the Milford section was completed by 1960.. In a July 2006 article in The Hartford Courant, Milford's community development director, Robert B. Gregory, said "The biggest change to Milford was I-95 with seven exits and entrances."
According to the United States Census Bureau, the city has a total area of 29.0 square miles (75.0 km 2), of which 28.5 square miles (73.9 km 2) is land and 0.42 square miles (1.1 km 2), or 1.46%, is water. [35] Waterbury lies in the humid continental climate zone, and normally sees cold, snowy winters and warm, humid summers.
Local economic development (LED) is an approach to economic development, of note in the developing world that, as its name implies, places importance on activities in and by cities, districts and regions. Local economic development combines economic development activities, urban planning, infrastructure development and social development ...