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Gross Domestic Product

UConn Economists: 2015 Will Be Bad Year

University of Connecticut economists, discouraged by new estimates and data revisions released earlier this month, now say that 2015 is going to be a bad year for the state's economy. In February, the Connecticut Center of Economic Analysis predicted that employment would grow in all sectors in 2015, and its model said the state's gross domestic product, or GDP, would grow by 8.1 percent — which, even at the time, the authors called a "dubious" prediction. Now, because the federal Bureau of Economic Analysis has an initial projection that last year brought just 0.6 percent growth, the economists say that "job creation will likely stall and may even now...

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