Connecticut

Overview

Connecticut was one of the 13 original colonies that became the United States. It earned the nickname “Arsenal of the Nation” during the Revolutionary War as it supplied guns and ammunition to the country. Its role as a major weapons producer continued during World War I as Connecticut was a major supplier for the modern US Army. Connecticut continues to be production focused: manufacturing is the biggest economic driver in the state. It produces a variety of goods including weapons, jet engines, helicopters, motors, and hardware. It is also the biggest producer of eggs, pears, and peaches in New England. Connecticut is a great location for the small business owner who wants to operate in New England but stay away from major cities and oversaturated markets.

Industry Stats

Connecticut is a great location for the small business owner due to the state’s very high per capita personal income. People have more money to spend which more than offsets the high price of living. It is also close to New York City and Boston, which brings the benefits of operating in a major city while offering an escape from the urban environment.

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