Data from the Connecticut Secretary of the State reveals that annual net business formations across the state have tripled from 13,847 in 2010 to 44,146 in 2024, with the Capitol Planning Region now leading at 27% of all new businesses. We've released a dashboard that tracks these business formations, closures, and net growth trends from 2010 to 2025 and put together an analysis of the data. With this tool, you can explore the data at the state, regional, and town levels.
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