1 Connecting Connecticut: Cable’s Impact on the State Economy 1 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 Connecting Connecticut: Cable’s Impact on the State Economy
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Connecting Connecticut: Cable’s Impact on the State Economy
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Connecting Connecticut: Cable’s Impact on the State Economy
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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
Connecting Connecticut: Cable’s Impact on the State Economy
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AcknowledgmentsAcknowledgments
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Economic Impact
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Economic Impact
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Employment Contributions
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Employment Contributions
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Employment Growth
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Employment Growth
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What do Napoleon and Raisin Bran have in Common?
They both tried to make it rain!
What do Napoleon and Raisin Bran have in Common?
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Cable’s Place in the Broader IT Industry
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Cable’s Place in the Broader IT Industry
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Capital Investment
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Capital Investment
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Impacts on Industry Sectors
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Impacts on Industry Sectors
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Laying the Foundation
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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.