Connecticut companies held a extra constructive outlook this yr and felt cautiously optimistic in regards to the financial system, thanks partially to state leaders’ profitable efforts to restrict spending, repay long-term debt and construct up the state’s wet day fund, in line with a survey of over 3,000 enterprise executives launched Thursday.

In an annual survey of its members, the Connecticut Enterprise and Trade Affiliation discovered that three-quarters of firms skilled their most worthwhile yr in 2022, and two-thirds count on earnings to develop this yr. CBIA additionally heard optimism amongst its members in regards to the fiscal path of the state — a pointy distinction to the last decade following the Nice Recession, when the state’s funds have been way more precarious.