Connecticut Center for Economic Analysis
The Connecticut Center for Economic Analysis is a research center located within the University of Connecticut School of Business in Storrs, Connecticut. It specializes in economic impact studies, policy analysis, and forecasting for the state of Connecticut.
History
The CCEA was established in 1992 at the request of then-Governor Lowell Weicker. Its primary mission was to provide the state government and citizens with reliable data regarding the local economy and to evaluate the potential economic impacts of proposed legislation and strategic investments.The center is directed by Fred Carstensen, a professor of finance and economics at UConn, who has served in the role since 1998.
Research and methodology
The CCEA conducts quantitative analysis on a variety of economic issues, including labor markets, transportation, tax policy, and technology. The center utilizes dynamic economic modeling, specifically software from Regional Economic Modeling, Inc., to project the long-term effects of economic events and policy changes.The center's research has been cited in discussions regarding the state's fiscal health, often appearing in regional media outlets such as the Hartford Courant and the CT Mirror.