Fairfield County is the Engine That Drives Connecticut’s Economy

October 14, 2018

I served as a panelist last week at the Chinese Association for Science and Technology’s annual US-China Investment Forum.  I thought it might be beneficial to share an excerpt from my presentation.

I represented Fairfield and the Fairfield 5, promoting investment in Fairfield County. The Fairfield 5 is a collaboration of Fairfield, Greenwich, Stamford, Norwalk, and Westport to promote economic development in Fairfield County.  We represent a united coalition of five desirable Triple A-rated communities that are financially strong, stable and secure. Our mission is to get the message out that we want your business and we want your investment.  Since we do not have County government, there really is no other group speaking for and promoting Fairfield County.

Twenty-five percent (25%) of all Connecticut jobs are in Fairfield County.  Half of those are found in the municipalities that make up the Fairfield 5.

Thirty percent (30%) of all Connecticut employers are in Fairfield County.  Again, half of those find a home among the Fairfield 5.

Forty-one percent(41%) of Connecticut Income Tax revenue is generated in Fairfield County. And no surprise that half of that income or 22% of all State Income Tax is generated from Fairfield, Greenwich, Stamford, Norwalk, and Westport – the Fairfield 5.

As these numbers clearly show, Fairfield County is the engine that drives the Connecticut economy.

These numbers also clearly show why the State of Connecticut needs to make Fairfield County infrastructure a priority – especially transportation. This is a powerful message and we are committed to getting out our story to everyone.

I will be sharing some additional excerpts in the weeks ahead.

Thank you,
Mike