Hartford Business Journal

2015 | Doing Business in Connecticut 105 Per Capita Income .......................... 1 st Business R&D per Capita ................ 1 st Finance & Insurance Jobs ............... 2 nd Produc on per Energy Unit ............ 3 rd Advanced Degrees ......................... 3 rd Low Poverty Rate ........................... 3 rd Healthy Residents .......................... 4 th Total State Produc vity .................. 4 th Scien sts & Engineers ................... 6 th Worldwide Produc vity ................. 6 th Energy Efficiency ............................ 6 th Venture Capital Deals .................... 7 th Educa on & Health Services Jobs .. 7 th Patents ........................................... 8 th Low Crime Rate .............................. 8 th Technology & Science Capacity ...... 9 th Exports ........................................... 10 th Connecticut's National Rankings Number of Businesses in Connecticut 70,646 Small employers (<500 employees) 97% of the total businesses 2,101 Large employers (>500 employees) 3% of the total businesses France ............................ $1,971 Canada ........................... $1,717 Germany ........................ $1,384 Mexico ........................... $1,098 China ............................. $982 United Kingdom ............. $687 Japan ............................. $580 Netherlands ................... $551 Belgium ......................... $546 United Arab Emirates .... $542 Connecticut's Major Trading Partners/Exports (in millions) Top 10 Industries in Connecticut (ranked by payroll) Finance & Insurance ..........................................6,178 Heath Care and Social Assistance ......................10,240 Manufacturing ...................................................4,388 Professional, Scien fic & Tech Services .............9,344 Wholesale Trade ................................................4,383 Retail Trade ........................................................12,738 Management of Companies & Enterprises ........676 Admin, Support, Waste Management & Remedia on Services .........................................5,137 Construc on ......................................................7,909 Educa onal Services ..........................................1,317 Annual Payroll for Top Ten Sectors (in thousands) $16,611,813 $12,193,272 $9,627,981 $8,050,707 $5,240,744 $5,119,030 $4,374,671 $3,372,683 $2,914,236 $2,857,414 *See chart to the le for corresponding sector names. Connecticut Business Owner Demographics Source: SBA $1,971 $1,717 $1,384 $1,098 $982 $687 $580 $551 $546 $542 Number of Firms Number of Employees Total Receipts (millions) Male-Owned 190,000 521,000 $140,609 Women-Owned 93,000 90,000 $11,565 Equally Male/Female Owned 36,000 63,000 $8,681 African American-Owned 15,000 6,000 $636 Asian-Owned 11,000 19,000 $2,848 Hispanic-Owned 14,000 12,000 $2,101 Veteran-Owned 42,000 95,000 $22,313 Source: 2015 CT Economic Review Source: SBA Source: U.S. Department of Commerce Source: U.S. Economic Census Source: U.S. Economic Census No. of companies

• Cover