September 24, 2020
The Hartford Business Journal reported on the annual survey of Connecticut businesses by the Connecticut Business & Industry Association and Marcum.
Hartford Business Journal
By Joe Cooper
Excerpt:
Of the record 962 executives polled by the Connecticut Business & Industry Association (CBIA) and accounting and advisory firm Marcum LLP in their annual survey of Connecticut businesses 47% of respondents are projecting a profitable year, 28% expect losses and 25% expect to break even. By comparison, 77% of companies posted profits in 2019, while 13% broke even and 11% operated at a loss.
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