Monday, July 20, 2009

Connecticut to Business: Go Away

The Connecticut Post is reporting that businesses in Connecticut are closing at a record pace: “Susan Bysiewicz says that in the first half of 2009, nearly 7,000 businesses shut down, a new record for the first half of any year since these figures were first recorded in 2000.

“Bysiewicz says the figure represents a 17 percent increase in the number of business failures from the first two quarters of 2008.

“The number of new businesses is also down. She says business starts of nearly 14,000 in the first half of 2009 are down 9.6 percent from 2008 figures.”

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