Connecticut

• Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
• Talent gap: Bachelor's-or-higher attainment trails the national average by -6.8 pts, relevant for advanced-services attraction strategy.

• Largest sector: Health Care and Social Assistance employs 300,164 workers (24.5% of the top displayed sectors), at an average wage of $69,125.
• Economic scale: State GDP of $356.8B (2024) with per-capita income of $95,067.

• Top specialization: Transportation Equipment Manufacturing concentrates at 2.44x the national norm.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.

• In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.

• Succession risk is real: 23.1% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Strong participation: 88.5% labor force participation indicates an engaged, available workforce statewide.

Connecticut shows emerging potential for transportation equipment manufacturing attraction, with a 2.44x concentration and 45,957 jobs in this sub-sector. Near-term succession risk is elevated, with 23.1% of the working-age population within 10 years of retirement age.

Cluster depth across transportation equipment manufacturing, transit and ground passenger transportation, and lessors of nonfinancial intangible assets creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

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