Chamber Minutes

2025 Minutes

August 2025
May 2025
April 2025 (no meeting)
March 2025
Februrary 2025
January 2025

Antiques Dealers

Office of the State of CT Comptroller Financial Updates

OCTOBER 2025

General Fund Surplus:

$316.8 million

Special Transportation Fund Surplus:

$12.0 million

Outlook: Economic indicators continue to be mixed, with the national labor market weakening but revised Q2 GDP, solid retail sales and a boom in artificial intelligence technology pointing to growth.

Connecticut’s real GDP grew 4.6% in Q2, one of the top 10 fastest-growing states. The unemployment rate held steady at 3.8% for the fourth consecutive month, while the U.S. rate rose to 4.3%.

While rents are still rising in Connecticut, new lease rent growth has slowed to 1.3% year-over-year as of August, down from 5.9% in January. Home sales declined slightly in August, but 11.5% growth in new listings is shifting power slightly more towards buyers. Homes are selling at 2.5% above asking price on average.

The Connecticut hotel industry is seeing growth overall in 2025—more so than many states in the region. The average occupancy rate at Connecticut hotels is up 1.3% year-to-date through August, with revenue per available room rising 3.2% over the same period.