Budget 2024

Tax and spend fiscal plan will inhibit growth

Connecticut

More than 180 years ago, Connecticut gained a reputation as an insurance hub, offering coverage for ships and cargoes sailing ocean routes. Today, the state is home to more than 100 insurance companies and the insurance and financial sector comprises approximately one-third of all services exported to Canada.

18,600+

jobs supported

$2.2 billion

total exports

$1.5 billion

goods exports

$737 million

services exports

Top goods exports:
  • Aerospace: $370 million
  • Machinery: $179 million
  • Chemicals and plastics: $162 million
Top services exports:
  • Financial and insurance: $281 million
  • Business and professional: $212 million
  • Technology: $70 million

Canada is the United States’ number one customer in the world

Canadian trade and investment support hundreds of thousands of American jobs and benefit communities throughout the United States. The deep economic relationship between the U.S. and Canada is built on shared values, close people-to-people ties, and a robust trade agreement – the U.S.-Mexico-Canada Agreement (USMCA) – which provides the foundation for a more competitive North America.

Notes:
Top goods exports:
  • Aerospace: $370 million
  • Machinery: $179 million
  • Chemicals and plastics: $162 million
Top services exports:
  • Financial and insurance: $281 million
  • Business and professional: $212 million
  • Technology: $70 million