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Connecting Connecticut: Cable’s Impact on the State Economy. Connecting Connecticut: Cable’s Impact on the State Economy. Martin Romitti, Ph.D .
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Connecting Connecticut: Cable’s Impact on the State Economy Connecting Connecticut: Cable’s Impact on the State Economy Martin Romitti, Ph.D. Senior Vice President, Center for Regional Economic Competitiveness former Director of Economic and Public Policy Research at the University of Massachusetts Donahue Institute Connecticut Business & Industry Association The Connecticut Economy Conference · Rocky Hill, CT September 7, 2012 1
Acknowledgments Acknowledgments
Economic Impact Economic Impact 3
Employment Contributions Employment Contributions 4
Employment Growth Employment Growth 5
What do Napoleon and Raisin Bran have in Common? What do Napoleon and Raisin Bran have in Common? They both tried to make it rain!
Cable’s Place in the Broader IT Industry Cable’s Place in the Broader IT Industry 7
Capital Investment Capital Investment 8
Impacts on Industry Sectors Impacts on Industry Sectors 9
Laying the Foundation Laying the Foundation A survey for the U.S. Small Business Administration revealed that for a majority (54.7%) of small business respondents in the Northeast, high-speed cable is the dominant means for the provision of broadband services. 10
Growth in Broadband Lines Growth in Broadband Lines 11
. . THANKS! 12