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Originally Posted by T134guy
I had mentioned something similar to my team at one point for the entire New England region because I know that many teams in the NE region have financial trouble, mine included. The reason I believe the decline is occuring is because business is going else where....ok yea we have Boston and a few other larger economic areas but once your out in the country (at least the area I live) theres only small companies. I can speak for my team in saying that if BAE hadnt given us the grant this year we would not have competed.
-Pat
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A lot of businesses are also moving out of Connecticut too. Moving overseas or even down south from the northeast the wages and cost of doing business is cheaper. My company just put off adding an addition to our Connecticut plant and instead built a new plant in China. It's a shame but until the government does something I see this trend continuing.