ECONOMIC OUTLOOK SURVEY | JANUARY 8, 2024 3
SURVEY
ECONOMIC OUTLOOK ECONOMIC OUTLOOK
THE 9TH ANNUAL
Survey: HBJ readers more optimistic about 2024
W
ill the Fed lower interest rates in
2024? Is there still a threat of reces-
sion? Will the labor shortage ease?
Those are some of the major economic ques-
tions as we start the new year.
Hartford Business Journal readers are more
optimistic about 2024 than they were a year ago.
In fact, 43.6% of HBJ readers say Connecti-
cut's economy will improve significantly or
slightly this year. A year ago, 36.45% of
readers predicted the economy would improve
in 2023.
Meanwhile, 28.4% of readers expect the
state's economy to decline in 2024, while 28%
expect no growth.
Those were some of the findings from Hart-
ford Business Journal's 2024 reader economic
outlook survey, the results of which are
featured in this special pullout section.
The survey, sponsored by NBT Bank, was
emailed to more than 12,000 HBJ Today
subscribers. The unscientific results were gath-
ered over a three-week period in November
and early December, garnering nearly
300 responses.
Of those surveyed, 80% said they work at
privately-held companies and 57.8% said their
business has fewer than 50 employees.
The results provide a window into how the
state's economy may perform in 2024.
We hope you find the survey results informa-
tive, and we wish you good luck and health in
the year ahead.
Greg Bordonaro
Editor
Hartford Business Journal
Tel: (860) 236-9998 | Fax: (860) 570-2493
Copyright 2020. All rights reserved.
Peter Stanton | CEO, pstanton@nebusinessmedia.com
Tom Curtin | President, ext. 124, tcurtin@hartfordbusiness.com
Subscriptions
Annual subscriptions are $132.00. To subscribe,
visit HartfordBusiness.com, email circulation@
hartfordbusiness.com, or call (845) 267-3008.
Advertising
For advertising information, please call (860) 236-9998.
Please address all correspondence to: Hartford Business
Journal, 100 Allyn Street, Suite 3, Hartford, CT 06103
Stay Connected
For breaking and daily Greater Hartford business news go
to: www.HartfordBusiness.com
HBJ on Twitter: @HartfordBiz
Editorial
Greg Bordonaro | Editor, ext. 139
gbordonaro@hartfordbusiness.com
Drew Larson | Web Editor, ext. 121
alarson@hartfordbusiness.com
Michael Puffer | Staff Writer, ext. 145
mpuffer@hartfordbusiness.com
Beats: Real Estate, Economic Development, Banking & Finance
Hanna Snyder Gambini | Staff Writer
hgambini@hartfordbusiness.com
Beats: Economic Development, Arts, Culture & Tourism
Skyler Frazer | Staff Writer, ext. 145
sfrazer@hartfordbusiness.com
Beats: Manufacturing, Cannabis, Technology, Transportation
Stephanie R. Meagher | Lead Researcher
Heide Martin | Research Assistant
Steve Laschever | Photographer
Business
Tom Curtin | Publisher, ext. 124,
tcurtin@hartfordbusiness.com
Jessica M. Quinn | General Manager, ext. 137
jquinn@hartfordbusiness.com
David Hartley | Senior Accounts Manager, ext. 130,
dhartley@HartfordBusiness.com
Daniel Schilke | Senior Accounts Manager, ext. 135,
dschilke@HartfordBusiness.com
Emily Paskind | Senior Accounts Manager, ext. 133,
epaskind@hartfordbusiness.com
Jaime O'Connor | Senior Accounts Manager, ext. 136,
joconnor@hartfordbusiness.com
Donna Hogan | Senior Accounts Manager, ext. 101,
dhogan@hartfordbusiness.com
Tracy Rodwill | Human Resources Manager
trodwill@nebusinessmedia.com
Production
Bartosz Zinowko | Production Director, ext. 147
bzinowko@hartfordbusiness.com
HBJ on Facebook: www.facebook.com/HartfordBiz
HBJ on Linkedln:www.linkedin.com/company/the-Hart-
ford-Business-Journal
Daily e-newsletters: HBJ Today, CT Morning Blend:
www.hartfordbusiness.com/enewsletters
Hartford Business Journal (ISSN 1083-5245) is published
bi-weekly, 27x per year — including two special issues in
November and December — by New England Business Media,
LLC, 100 Allyn Street, Suite 3, Hartford, CT 06103.
Periodicals postage paid at Hartford, CT and at additional entry points.
