www.HartfordBusiness.com December22,2014•Hartford Business Journal 3
Table
of
ConTenTs
Hartford Business Journal (ISSN 1083-5245) is
published weekly, 53 x per year including three
special issues — one in September, one in
November and one in December — by New
England Business Media LLC,
15 Lewis Street, Suite 200, Hartford CT 06103.
Periodicals postage paid at Hartford, CT.
Tel: (860) 236-9998 • Fax (860) 570-2493
Copyright 2014. All rights reserved.
Postmaster: Please send address changes to:
Hartford Business Journal
P.O. Box 330, Congers, NY
10920-9894
w w w . H a r t f o r d B u s i n e s s . c o m
(860) 236-9998
E d i t o r i a l
Greg Bordonaro
Editor, ext. 139
gbordonaro@HartfordBusiness.com
Brad Kane Managing Editor, ext. 127
bkane@HartfordBusiness.com
Gregory Seay News Editor, ext. 144
gseay@HartfordBusiness.com
Matt Pilon Digital Producer/Reporter, ext. 143
mpilon@HartfordBusiness.com
Sheena Butler-Young Staff Writer, ext. 145
sbutler@HartfordBusiness.com
Roger Magnus Research Director
Heide Martin Research Assistant
B U S i N E S S
Joe Zwiebel President and Publisher,
ext. 132;
jzwiebel@HartfordBusiness.com
Donna Collins Associate Publisher, ext. 121
dcollins@HartfordBusiness.com
Jessica Baker Office Manager, ext. 122
jbaker@HartfordBusiness.com
Catherine Gruszka Operations Manager,
ext. 137
cgruszka@HartfordBusiness.com
Amy Orsini Events Manager, ext. 134
aorsini@HartfordBusiness.com
David Hartley Sr. Accounts Manager,
ext. 130;
dhartley@HartfordBusiness.com
William C. Lambot Sr. Accounts Manager,
ext. 128;
wlambot@HartfordBusiness.com
Brittney Michaud Accounts Manager, ext. 133
bmichaud@HartfordBusiness.com
Stephanie Kucharski
Custom Publishing Projects Manager, ext. 129,
skucharski@HartfordBusiness.com
Debbie Amorelli Human Resource Manager
Raki Zwiebel Credit and Collections Manager
Valerie Clark Accounting Assistant/Office
Manager
Gail Lebert Chair, Executive Advisory Board
P r o d U C t i o N
Lynn Mika
Production Director/Marketing Coordinator,
ext. 140;
lmika@HartfordBusiness.com
Christopher Wallace Art Director,
ext. 147;
cwallace@HartfordBusiness.com
Vlada Shelkova Graphic Artist, ext. 148
Graphics@HartfordBusiness.com
Peter Stanton CEO
pstanton@nebusinessmedia.com
Joseph Zwiebel President & Group Publisher,
ext. 132;
jzwiebel@HartfordBusiness.com
Mary Rogers Controller
mrogers@nebusinessmedia.com
Subscriptions:
Annual subscriptions are $79.95. To subscribe,
visit HartfordBusiness.com, email hartfordbusiness@
cambeywest.com, or call (845) 267-3008.
Advertising:
For advertising information, please call (860) 236-9998.
Please address all correspondence to: Hartford Business
Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103.
News Department:
If you have a news item: Call us at (860) 236-9998,
fax us at (860) 570-2493, or e-mail us at
editorial@HartfordBusiness.com
Hartford Business Journal accepts no responsibility
for unsolicited manuscripts or materials and in general
does not return them to the sender.
www.copyright.com
T
his year Hartford Business Journal has rebrand-
ed and retooled our end-of-year publication into
a full-fledged economic forecast that will help
inform the region's business, civic and nonprofit lead-
ers as they plan and strategize for 2015.
In the pages that follow, prominent local, regional
and national economists and business executives
will provide economic forecasts covering various
industries including: real estate, health care, energy,
manufacturing, banking and finance, and education.
Each industry section also takes a look back at
some of the major stories and events of 2014 that not
only drew our reader's attention, but had a significant
impact on the competitive landscape. The look back
is important because the only way to figure out where
the region's economy is headed is to remember where
it has already been.
We'd like to thank all of our contributors to the
publication. Their invaluable insights will help shed
light on where Connecticut's and Greater Hartford's
economy is headed in 2015 and beyond.
We are always interested in reader feedback so
let us know what you think about the Economic
Forecast.
Good luck in 2015!
Greg Bordonaro
gbordonaro@HartfordBusiness.com
Editor
Welcome
Contents
ECoNomy
Survey ..........................4
Insight ..........................7
Scorecard ................. 12
iNdUStry FoCUS
Real Estate................ 14
Health Care ............... 22
Energy ....................... 28
Manufacturing .......... 32
Banking & Finance ... 36
Education .................. 44
Advertiser Index ....... 50
E c o n o m i c F o r E c a s t