September 23, 2009

Connecticut Economic Strategic Plan



The Connecticut Department of Economic and Community Development used the REMI Policy Insight model for numerous analyses of the economic status of the entire state of Connecticut. The REMI model provided data and projections to the analytical approach of the study and assessed the economic impacts of a variety of Connecticut sectors and industries. For example, software from REMI helped conduct a counterfactual analysis to determine the impact of culture and tourism on the Connecticut economy, finding that the total direct, indirect, and induced economic impact of Connecticut’s culture and tourism industries generated $14.06 billion in gross state product and contributed $9.1 billion in personal income.

Connecticut Department of Economic and Community Development – Connecticut Economic Strategic Plan [full PDF]