Economic Development News & Updates in
Greater New Haven
Survey results quantify how each Connecticut town experienced the pandemic throughout 2021
Since February 2020, nearly a quarter of Connecticut households had a member lose a job, but about one-third of households in Bridgeport, Stamford, and Waterbury faced that outcome. But even in towns like Milford and Greenwich, about one in seven households were affected by job loss.

Between June and December, 2021, DataHaven and the Siena College Research Institute conducted 9,139 interviews of randomly-selected residents in every Connecticut town for its Community Wellbeing Survey. The unusually large survey carries a maximum margin of error of just 1.4 percent, and was conducted through live cell phone and landline interviews and statistically weighted with oversampling in hard-to-reach areas. The survey captures trends in well-being and quality of life at the zip code level, as well as by age, race/ethnicity, disability, political party affiliation, and other factors that have influenced life in the state. Read More
Avelo Airlines adding more destinations from Tweed airport in New Haven
Avelo Airlines will expand its nonstop service to and from Tweed New Haven Regional Airport to 10 routes as of May 5, adding service to Nashville, Tenn.; Savannah, Ga.-Hilton Head, S.C.; Charleston, S.C.; and Myrtle Beach, S.C.

The announcement, which Avelo’s Chairman and CEO Andrew Levy said last week would be coming soon, will be in addition to Avelo’s existing nonstop routes to Orlando, Tampa, Fort Myers, Fort Lauderdale, West Palm Beach and Sarasota-Bradenton, all in Florida. Read More
Connecticut foreclosures on pace this month for most since start of pandemic
Foreclosures are rising in Connecticut and are on track this month to be the highest since March 2020, data shows.

Foreclosure prevention attorneys said they’re seeing more foreclosures on second mortgages, in particular, even for relatively small sums of money owed. Second mortgage holders can foreclose on a property even if the first mortgage is paid.

And after months of price increases and heightened demand, inventory is at historic lows. But those price increases are starting to slow. Read More
More News & Events
Nasal Approach to COVID Vaccination Gains Traction Read More

Manufacturer Pitches Training Hub Read More

CT's COVID-19 Positivity Rate Falls Below 3% Read More

Breeze Airways to create a 'base of operations' at Bradley Airport Read More